DoubletopStrong uptrend and Good Double top pattern break out. Buy PNB 45.85. Please consult your financial advisor before investing
Target 1 :51.75
Target 2 :57.3
Target 3: 60.75
PNB trade ideas
PNB: Long Punjab National Bank
Investment call
Buy at CMP 44
Target 🎯 55-68
SL ❌ 35
Time frame 1-2 yrs
Ascending wedge pattern
Arrow of time on PNB - 45 and 50 This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benefit from my experience.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
PNB is good for UP movePNB is good for UP move..
Good Price and Volume Relationship.
In weekly chart will break in couple of weeks
PNB BANK 1D CHART PNB BANK 1D chart breakout chance high wait for next day candle after entry volume also high
Ascending triangle pattern - PNBAscending triangle pattern formed in PNB, it often have breakout from triangle pattern.
PNB - ASCENDING TRIANGLE BREAKOUTStock is forming perfect ascending triangle pattern and about to breakout
Refer chart for levels
PNB 42.55PNB- 42.55, It is on cup and handle pattern breakout. Depth of cup is 6.5, breakout point is 41.75. Final target is 48.25. It can reach 44, 45, 48.25 with a sl of 38 on closing basis. Its volumes are good and RSI, MACD favouring upside. This for educational purpose and any investment decision shall be taken after consulting financial adviser.
PNB-CMP-39.15PNB-CMP-39.15. It is following Elliot wave principle. It is in corrective phase which is against market trend. Means as index is falling it is going up. If it follows the trend it may go up to 40.5, 41.7, 42++. SL is 37 on closing basis. From yesterday it came out of F&O ban and it can actively participate in trades with volumes. This is for educational purpose and not for trading. Do consult your financial expert before investment.
PNB soon to cross the consolidation phase. PNB, the consolidation phase seems to be getting over and the bank should give a decent return in next 6 months.
PNB Buy at CMP SL 36 TGT 46 2 monthsSuggestions are based on my analysis only. Please do your analysis before taking any trade.
PNB - Positional - Bullish
PNB CMP is around 40 has the potential to reach T1 - 56, T2 - 59, T3 - 63 shortly.
*The content provided on this blog is purely for informational and educational purposes only. I am not a registered investment advisor or research analyst. So consult your financial advisor before making a decision
PNB Descending Trendline Broken, Long term view is BullishPNB Descending Trendline Broken, Long term view is Bullish
Targets are given in the chart
► ADVANCE PATTERN #22: PNB ◄► ADVANCE PATTERN #22: PNB ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Daily Ⓓ
➟ Triangle Pattern ►
➟ Trend line ⍩
➟ EMA 400 ↝
➟ Rounding Arc ◡
➟ Time Correction ⌚
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 42.75
SL: ✘ 40.5
Target: ➚ 47/54
RR: ☈ 1:5.15
Return: 2%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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PNB - Daily Symmetric Triangle rangePNB is trading in a symmetric triangle on the Daily TimeFrame and can either give a breakout on either side, worth keeping on the radar.
PNB, Cup and HandlePNB, Cup and Handle formation can be seen on chart. Good breakout expected with large volumes soon. RSI showing strength. Can go long for 44_45 in coming days.
Punjab National BankTriangle pattern in Punjab national bank. Wait for the breakout with high volume.
