Hello 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...
PNB 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 |
Buy PNB above 36 breakout as the stock has formed a strong support near 32. The stock has recovered well from its support and is on a roll to give a breakout. If the stock breaks out above 36 level buy it for 39-42 levels in the coming days. If the stock reaches 32, will update for a fresh position if possible.
BUY PNB ABOVE 42.5 WITH SL OF 39 FOR TARGET OF 45/48
1st TP- 60₹-70₹ • monthly strong demand zone • Trend line break • Strong buy
PNB- Long. It gave a breakout and has retested it successfully and now the next target is around 38 and then 42. If it clears these two then the next target is 50. PSU Banks index is also looking good.
- Crossed 200 EMA with strong buy volume - Fav risk reward ratio - More details in chart
The stock is looking good at this price for the long term, safe traders can keep SL for 3 points (29.5) and refer to the chart for the targets. Happy Trading! InvestPro India Team
PUNJAB NATIONAL BANK #INVESTMENT BUY PNB above 40 ACCUMULATE TILL 32 SL 24 (CLB) TARGETS 75-150+ 3YEARS HOLDING SMALL PLAYERS START DOING SIP IN THIS STOCK #ankur #investment
PNB has been trading in a rectangular range for weeks now. Also, within the consolidation, the increase in volumes is often observed when there is an upward move. In the downward move, the volumes are often subdued. Also, there is a trendline that the stock is going to test soon upwards. This could be a good move for the stock on the upside if the stock...
Chart Speaks Easily CE.... Charts for educational purpose only
PNB double bottom Current price 61.95 Stop loss 54 Target 75 , 80 ,90, 95
SELL ZONE 80-81 STOPLOSS IN RED TARGETS IN GREEN
PNB BUY with SL 63 Trgt 78+ 2 Strategies mentioned post profits reported by PNB in Q1 earnings. Breakout expected in next week. OR Buy PNB 75 CE Aug19 @ 1.25 Buy PNB 80 CE Aug19 @ 0.60
As the stock is trading in the channel a short-term uptrend is to be witnessed as per the chart analysis BUY @ near CMP 76.90 SL @ 73 TARGET 86 to 90 Time Period 15 to 20 days.