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
this trade is based on past performance and common psychology of traders
"always remember stock market is always risky, you have to calculate your risk before calculate profit"
Short sell with levels mentioned and trail half quantity on hitting 1st target
REASON- Macd divergence + rejection at supply zones
If you like my ideas, reach me out on my twitter handle @Harsh_3700
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