PNB Punjab National Bank goes to Short position..
Note: This is for educational purpose only. PNB seems to be forming bearish flag pattern with high volume.
SELL ZONE 80-81 STOPLOSS IN RED TARGETS IN GREEN
PNB CHART LOOKS STRONG FOR SHORT WAIT TILL 77 BREAK FOR STRONG CONFIRMATION
PNB (Punjab National Bank) BUY ABOVE 92
in normal condition stocks keep oscillating around it's big moving average like 100 or 200 days. unless something terrifying happened, i looked pnb and observed that this stock is very much respectful towards its old supports and resistance. also it looks like it is moving upside i channel. and its target is 200 ema
refer chart for details