Watchout for Resistance breakoutThe stock looks good above 43.25 level (on closing basis) for positional target of 45.
Learn & Earn,
Dr. Tanya Kumar
PNB trade ideas
punjab national bank first target achieved next target is onstock in uptrend
volume accumulating
swing trading
triangle breakout
very short term target 43 (12%) achieved
long term target 59 after breakdown at 43 (52%)
punjab national bank pnb7 jan 2022
stock in uptrend
volume accumulating
swing trading
triangle breakout
very short term target 43 (12%)
long term target 59 after breakdown at 43 (52%)
please appreciate work by liking it
PNB Buy on Dips with Multiconfirmation indicates Bullish TradePNB Daily Chart
Reason for Bullish view :
1. Multiple Entry on Trendline indicates Buy on Dips. Refer Green Up Arrow.
2. Candle above 200 Moving average indicates bull run about to start for long term.
3. Daily Trendline break out with 200 MA breakout indicates confluence Trade so entred at 39.55
4. RSI Bullish Divergence in Daily Time Frame indicates Bulls are in Power.
5. RSI value above 60 indicates strong momentum.
6. Overall Momentum is Bullish
View : Bullish for long Term / Medium Term / Short Term
Buy @ 39.55
Stop Loss @ 38.00
Target1 : 41
Target2 : 43
Target 3: 45
Target 4 :48 +++++++++++++++++++++++++++++++++++++++++++
PNB: Bullish Double Bottom on DayTime FramePNB Day chart shows Bullish Double Bottom. Please validate yourself before taking a call. Current traded above Pivot R1 (40.4) and potential target Pivot R2 (43.6) and StopLoss will be Pivot R1: (40.4) or Pivot S1 (35)
PNB target for 7 years2ND OCTOBER 2028 is the date on which this stock will hit 312. So if you want to invest for very very long term buy now and forget it for 7 years and minimum target is 139
trade at your own risk
PNB BULISH FROM THIS LEVEL *PNB*
*CMP* 41.6
*TGT* 42.4, 43.9, 45.4, 47.5, 50.2
*SL* 38.6
*Risk Reward (RR) -* 1:3 (Good)
*Potential Returns :* 21%
*Potential Loss:* 7%
*Time Frame:* 1 Month
PNB for LongPNB Inverted head & shoulder pattern formed in 1D time frame. For educational purpose only.
Punjab National BankPNB Bank support at 36. if the breakdown below 36 then the stock would tank further down.
PNB (ON DAILY CHART)NSE:PNB
PATTERN - Flan N Pole
OVERALL VOLUMES - Increasing along with price ;
Decent delivery percentage, increasing day by day slowly from 16th Jun and yesterday's delivery percentage is greater than Past weeks
average.
May Create a New All time high !!
TECHNICALS :
RCI Short Term (9 Days) - Bullish
RCI Long Term (52 Days) - Bullish
RCI Medium Term (26 Days) - Slight Bullish
Punjab National Bank (LONG)Took support at 26
Bounced after consolidation
good volume coming
May give huge returns in coming 2 - 3 years
now trading above 200 EMA on daily chart
following Upward channel
Buy at 40 CMP
SL 25
Short Term Tgt 69 - 90
Mid Term Tgt 101 - 129 - 162
Long Term Tgt 180 - 197 - 231
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
Punjab National Bank (LONG)Took support at 26
Bounced after consolidation
good volume coming
May give huge returns in coming 2 - 3 years
now trading above 200 EMA on daily chart
following Upward channel
Buy at 40 CMP
SL 25
Short Term Tgt 69 - 90
Mid Term Tgt 101 - 129 - 162
Long Term Tgt 180 - 197 - 231
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
PNB LongPNB can go long with Sl of 35.50 Target as seen in chart. Almost 1:2 risk reward ratio. Volumes not heavy but Healthy.
The above post is only for educational purpose.
NSE:PNB
how it is consider either consoldation or trend line breakout how it is consider either consoldation or trend line breakout i am new for stock market
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 rock...........pbn rocking........................................................................................
good opportunity in pnb for short termbudget is coming in few days all psu banks are in focus .
buy 38 to 39
tgt 45/48/60/80
good opportunity for swing trade.perfect entry with volume support and uptrend. short term profit and must be long on.
BreakdownPNB has broken long term channel on lower side, not a good sign in short term if retest doesnt break above.
levels to watch
1. view negated when close in channel
2. short below 36.75
3. nearest support 35.5/33.5/31.5
PNB at Buying zonePNB is trading in one channel from last 1 year. Again reached at bottom of the channel.
Good buy for short term as well as long term.
30-35% up move expected in next 50 trading sessions.
