Punjab National Bank#pnb Punjab National Bank is making higher highs formation on chart,
Upside possible till 112-115. EMA Making Gloden Crossover
I have attached the chart for your reference.
Pnblong
PNB - LONG BUYPANJAB NATIONAL BANK - LONG @ 128 - PSU sectors are also moving high.
Technically also bulling view
fundamentally also company very strong
new investments like mutual funds investors increasing.
DON'T MISS PNB Bad Time Is Over For PNB
Huge Breakout
Buy At Cmp 76.75
Add Till 67/69
Add More In Panic To 60/62
SL - 44 ( Monthly Closing Basis )
Target - 220/300
Highest Monthly Volumes, Big Up Move Is Coming.
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 LONGweekly chart :
entry point: 55-57
stop loss : 45
target: 91
risk-reward ratio : 1:3
Disclaimer: All information is for educational purpose only.
Kindly like or dislike the idea as per you view.
PNB - Ichimoku Bullish Breakout Stock Name - Punjab National Bank
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 47
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
pnb reverse head and shoulder reverse head and shoulder and breakout is forming on daily charts which give targets near rs 40 so trade wisely
PNB - Swing Candidate For 20%PNB
Buy-Above 38
Sl-35
T- 43 47 50+
All banking stocks have almost the same structure after 35500 in banknifty was taken out.
The stock is good in terms of risk and reward.
Pnb take a support PNB take a support from the 39levels and stock is expected to bounce backfor a minimum 10% target
PNB: Weekly Breakout with volumeIdea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations.
Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.
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 adviser before taking any trade.
PUNJAB NATIONAL BANK LTD.One of the largest PSU Bank of India has hurted many investors in recent years. Although it needs courage to comment anything about this stock but analysing the pattern carefully, I have started feeling positive about this stock.
From its peak the counting of the 5th wave seems completed. But the upside reversal is not yet confirmed.It needs to trade above the 135 Trendline for that. To be precise above 43.10 on weekly closing basis (as this is a weekly chart).
Once this is confirmed and the wave enters the desired zone then it can give a easy run upto 59.70(first target) - 72.50(second target).
It has recently taken the 135 trendline as resistance but I hope soon or sooner it will breakout into the desired zone to run for the targets.Of-course patience is required when we are targeting above 50%-70% return.
We need to understand :The condition of bank is definitely reflected in its share price, because market is always right. But let's be honest, will the condition remain same for the PSU Banks. Isn't it too long for the things the way they have been ? The very basic of Technical Analysis states,If a stock or index is in a pattern and if there is no news, market will make one to complete the pattern.
Lets not forget market is a leading indicator not a lagging indicator of economy, Similar is with the share prices too. A small changes(hope) can make the share price fly even if it is not implemented and haven't changed the income statement but will in future .So lets be positive and hope for the best. Ultimately I am just a chartist and i can go wrong.
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CHART & ANALYSIS BY
ADARSH DEY
PNB: Long Punjab National Bank
Investment call
Buy at CMP 44
Target 🎯 55-68
SL ❌ 35
Time frame 1-2 yrs
Ascending wedge pattern
PNB IMP LEVELS Trade PNB by considering the important level as demand and supply zone .
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Happy investing for better future .
PNB Possible Breakout on the hourly chart!PNB has a very good technical structure on the hourly as well as the daily chart. We see that price has tested the support zone or the resistance multiple times and any up move from here may take the price higher up. This is also supported by the news that the The Enforcement Directorate (ED) on June 23 said that it had transferred a part of the seized assets in cases related to fugitive billionaires Vijay Mallya, Nirav Modi and Mehul Choksi, to state-run banks and the Centre. This will support the breakout, if we get one. We should keep an eye on PNB in the short term.
PNB: HIGH POTENTIAL BUT GREATLY UNDERVALUED STOCK!Punjab National Bank is a very good stock, on the verge of breakout. I recommend this stock for the long term, as it has very high potential but has been severely beaten down due to the Nirav Modi fraud and a few other incidents.
1. Volumes are at all time high, suggesting market interest in the stock.
2. VERY undervalued for the sort of company it is, and business it does.
3. Mehul Choksi could get deported to India any time soon. The ensuing trial could help PNB realize a portion (if not all) of the bad debts written off immediately after the fraud took place.
4. Look for weekly candle closing above 44-46 range for targets of 60/110/160/200+
PNB - Ready For 50% Upmove ??? VOLUME SHOCKER
Buy Pnb
Closing Price - 42.05
SL - 32 (Monthly Closing Basis)
Target - 96/128
PNB looks great on charts, inverse head and shoulder formationHello Every One,
I am sharing herewith the PNB stock trading idea, on daily charts of PNB share you can find a formation of inverse head and shoulder formation which offers great trade set up with the risk to reward ratio of 1:4 and the traders can take position in cash and F&O as per their risk appetite. This post published here is only for Educational Purpose and do consult your financial advisor before taking any trade decision.
Once the inverse head and shoulder target met, then the stock is expected to be bullish on weekly charts for further upside potential.
PNB Long Above 39.2PNB Has Broken Its Downward Trendline and Keep Resistance At 39.2
If Day Closing is Above 39.2 , Next Target is 43.5 , 46.5 , 55
Stop Loss Below 36.5
ONLY FOR EDUCATION PURPOSE |
