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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.
NSE:PNBLong
by anusuabose92
SOUTH INDIAN BANK - Good Days Coming?...LONG TERMFrom Last Year Stock is Trading Between this PRICE RANGE of 10.90 ---TO---4.80 good Channel pattern formed on higher time frame 4hr.. Gave breakout with heavy volume ...IT might be False On But i am bullish on this penny stock for Target of 30-50 Ruppes...in 2-3 years... Buy above only gave breakout to level of 11.85--11.90... For ShortTerm Target - 12,15,18,20 SL- 8-9 One can invest for too Long term Like For 15-20 Years For Levels of my view xD..200-250rupees Thank You.. *INVESTONOWNRISK
NSE:SOUTHBANKLong
by Darshaann
PSUBNKBEES, Another chart worth risking. By #The_RedTickerI must admit, its been a while since I have stumbled upon a chart so simple yet so valuable. Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder . Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion. Should be a slightly MID-LONG term 'investment' kind of Long trade....but the current risks to prospective rewards look just too good. May the odds be in our favor!!
NSE:PSUBNKBEESLong
by The_RedTicker