PNBHOUSING -Cup and Handle -BO with Volume- WklyPNBHOUSING
Name - PNBHOUSING
Pattern - Cup and Handle
Timeframe - Wkly
Status - Breakout with volume
Cmp - 977
Target - 1711
SL - 916 or breakout Candle low -850
Pattern: Cup and Handle
The Cup and Handle pattern is a bullish continuation pattern
Fundamentals: Good
Here are some key fundamental ratios and metrics for PNB Housing Finance Ltd.:
Market Cap: ₹22,426 Cr
Current Price: ₹724.00
Price-to-Earnings (P/E) Ratio: 14.12
Price-to-Book (P/B) Ratio: 1.58
Return on Equity (ROE): 11.19%
Net Profit Margin: 18.49%
Debt-to-Equity Ratio: 3.44
PNB Housing Finance has shown a solid ROE and net profit margin, but its high debt-to-equity ratio indicates a significant level of leverage.
PNBHOUSING
PNB HOUSING - Swing Trade Analysis - 26th May #stocksPNB HOUSING (1W TF) - Swing Trade Analysis given on 26th May, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Trendline Support with Strong Pullback Candle - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
PNB housing near a strong supply zonePNB housing has shown an amazing rally post breakout of trendline.
Stock is currently near a strong supply zone of 820-850.
Next target for stock is 1200.
Stock can give buying opportunity near 650-700 before breakout. Add on dips.
Idea shared for educational purposes
PNBHOUSING - Swing Trade - 16th January #stocksPNBHOUSING (1D TF) - Swing Trade Analysis given on 16th Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #PNBHOUSING
PNB HOUSINGNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Breakout in PNB Housing Finance Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PNBHousing looking bullishPNBHousing is in downtrend from 2017 and has been facing a weekly resistance near the trendline. It had given a breakout few weeks back but didn't sustain.
However, stock has bounced back from 0.5 Fib levels and gave a weekly closing above the trendline as well as the 200 EMA(weekly) which is a bullish closing.
630 is an immediate resistance above which it can test the 675-750 levels in short to medium term. So, you can keep the stock in watchlist.
Sharing this idea only for educational purposes and its my personal opinion.
PNBHOUSING✅ Weekly 426-471 level break But on daily TF price going up and forming Higher High and Lower Low and price also retesting his previous level.
✅ Now currently 600-611 level wait for price to break the level on daily TF with strong movement and then Look for long entry on 4hr. TF with proper reversal.
✅ You can look for 1:1.5,1:2 small Swing trade.
PNB Housing Monthly Investment AnalysisPNB Housing Monthly Analysis
PNB Housing Monthly Investment Analysis Based On Technical Analysis and Completely Based On My Knowledge and It's My Personal View
As Per the Analysis for PNB Housing For Monthly Chart, I am expecting that PNB Housing Share is on very important levels as per monthly charts, 500-620 is a level where it will trade as zero line zone means we will initiate any buying until it is rangebound under these levels, if it will go above the 620 levels then we can expect
3 Months Target as 750 - 760,
7 Months Target as 1000-1020,
15 Months Target as 1150 - 1250
and If PNB Housing wouldn't sustained above 620 levels then we can expect these below levels, if it will came below 500 levels
5 to 6 months target would be 330-350
11 to 12 months target would be 150-170
Disclaimer : These analysis are purely based on Technical Analysis, I Don't Recommend You to Buy or Trade or Make Any Investment Based On Above Levels.
I Always Request You to Please Do Your Own Analysis Before Taking Any Trade or Starting Investment or Consult Your Financial Advisor To Take Investment Related Decisions
PNB Housing Finance Limited PNBHOUSING:- The stock has also given a breakout by forming a rounding bottom pattern, the volumes are also being seen well. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
PNBHOUSING - Ichimoku Bullish Breakout Stock Name - Pnb Housing Finance Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 543
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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Pullback trade in PNB HOUSINGNSE:PNBHOUSING
This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.
Pullback was on low volumes, and now it has bounced so far from the breakout level.
A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.
Keep track!