For Educational Purpose OnlyThis is the chart of PNB in Weekly TF
Entry cmp
Sl 42
Tgt 56
Important Note: I am just sharing my view. Trade at your own risk
PNB trade ideas
pnbi m looking for only buy opportunity. if rsi cross 60 i will enter a long side.
target and sl according to support and resistance. gud luck
Simple Trade Setup | PNB NSE:PNB
I am posting this on request from a follower on Twitter.
Observations:
1) On 1 Day time frame, we can see that it has support at 44 level and resistance at 46 level.
And it closed just below the resistance level. If it gives sustainable breakout of 46 level and sustain above 46 then we can see further up move till 48 and 50 level.
But if it faces resistance from 46 level then we can see a downfall till 44 level.
My personal opinion is that better to trade with equity in this at this moment with positional trade.
Please refer below chart : 1day Time Frame.
PNB Cup and Handle at 1hr timeframeVery bullish cup and handle pattern formed in PNB.
Expected Target 1 of 25% from current level = ~58
RSI > 50 and has good momemtum
Volume: increasing and bullish
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your technical advisor before investing.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33PNB expected to breakout from current level, looking at current consolidation in the stock and wedge pattern.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33
Bought PNB bank 44.95, TGT1 57 TGT2 84 SL 33Expecting PNB bank to post a good quarter, Looking at the consolidation and pattern in PNB, it may breakout on upper side from current level.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33.
Best regards,
Antrader
PUNJAB NATIONAL BANKLook below what happened in SBIN if it enter again in the channel then it may go to 150 in next 1 year
it it crosses the ema line then add more
PNB is good pick for long termAs the nifty PSU is Long PNB is showing strength and we have good targets on weekly charts 48 and 63 are monthly chart resistances cam be taken as t1 and t2. This is my personal analysis for study purpose.
PNB: Weekly Breakout with volumeIdea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations.
Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
PNB IS SET TO FIREALL level amrk on chart
strong resistance breakout with ascending triangle breakout with high volume burst with RSI in good zone, what else you want
sell PE below 39 and sell ce above 46 for October
Punjab National Bank PNB Don't miss itprice in correction, i'm expecting small upside in 1 hour movement then downside to complete the pattern, you can look for entry around 61 fib its also a support level if you are into support resistance. wait for it to finish the correction. I have also attached my monthly view of the chart in link.
Cheers.
PNB heading towards new 52 week highGolden crossover confirmed on weekly chart.
Buy side volumes are high.
RSI heading towards hot zone.
Let's go.
PNB - Inside Bar & Parallel Channel#PNB #PunjabNationalBank
Inside Bar Breakout (Daily Basis) - Volumes increased with Breakout
Moving in a Parallel Channel (Moving off the lower channel)
Targets: As mentioned in the chart
Ps:
Analysis ONLY - NOT a Recommendation
Parallel channel BO Weekly time frameWeekly time frame BO. This is a very important point. Will be looking for some retracement to build a position in this stock.
It is very promising fundamentally as well with the Modi govt looking to disinvest PSUs. 2022 could prove to be a multi-bagger year for this stock
Breakout Shoot in PNBBeautiful breakout from Symmetrical triangle pattern. Also with a huge volume on a daily chart.
Above chart is a weekly chart.
Bullish NSE:PNBBuy = 46.1
SL = 42.78
Target 1 = 52.74
Target 2 = 56.06
18/10/2021
Bullish NSE:PNB-->Punjab National Bank
Buy for short term
Buy PNBBuy PNB Near 38-39 Stoploss 35 Target 45
Demand & Supply Structure ..Stock is trading near Retest Support Zone
#pnb at 20 months resistance breakout level if PNB close above the green line then buy above the high of that candle and wait till the target
this is not a trade recommendation
PNB bank Small Trade PNB bank Small Trade. Target is 44.
Target 1: 44
Might provide a big move today's session.
Happy Trading!
PNB forms a symmetric triangle patternPNB on a daily time frame has formed a symmetric triangle pattern and also gave breakout with 52 weeks high of 48.20 rupees. The next target would be around 53 based on the width of the triangle.
PNB is no MORE RED PNB has turned down all the odds and after 8 months consolidation the stock has shown a big breakout on the charts and its no more a RED symbol and now it turned into a GREEN. I m personally invested in this and the stock is always facing a resistance at 43 mark which is broken today decisively. I m bullish on PSU banks and they will be next untold story.
