PNBCan see buying opportunity in PNB and can give a RR of 1:4..
Do your own analysis before putting ur hard earned money into it.
PNB trade ideas
PNB POSITIONAL PICK FOR A MULTIBAGGER CMP 36
ACCUMULATE TILL 34
SL 26 ON CLOSING BASIS
TARGETS
39/4347/53/58/63++++
Inverted_HEAD AND SHOULDER PATTERN and ASCENDING_TRIANGLE in PNBThere is the formation of an inverted head and shoulder pattern formation in PNB at the daily time frame, if gives breakout with good volume may enter after good retest or time consolidation. Also, there is the formation of ascending triangle pattern formed with resistance at neckline of inverted head and shoulder if gives breakout with volume wait for a retest with support at trendline which it is following for more than a year also the result of the company is coming and its result gonna impact its price, of course, have a look at the result and do your own analysis before investing Thanku
perfect retest of triangle you can buytake the stock there will be smart money coming within 2 to 3 days so there can be huge rally buy @ 34.20 sl@32.75 target of @39
chart pattern reading and news trading Here is the PNB stocks for you all , Soon it will going to go up above
As per the following trend its forming a falling wedge pattern and its going to shoot up high above
Expectations are much higher to go up but due to the resistance I am doubting it to go around 38 and 39
and I don't think a big stop loss will be required here this will be sufficient
PNB LONG POSITIONBuy PNB above 36 breakout as the stock has formed a strong support near 32. The stock has recovered well from its support and is on a roll to give a breakout. If the stock breaks out above 36 level buy it for 39-42 levels in the coming days. If the stock reaches 32, will update for a fresh position if possible.
PNB STUDYDESCENDING TRIANGLE BREAKOUT
IF SUSTAIN ABOVE 38 THEN MAY SEE UPSIDE TILL 62 FIRST TARGET AT 47.
PNB | Golden opportunity for big profitsPNB is in buy trend at monthly time frame, trend reversal gets confirmed if a daily candle closes above 35.40
Even with a aggressive buy the expected profit is 68%.
Can hold the position till 59.70.
PNB SHOWS A FLAG PATTERN PNB HAS A CURRENT PRICE OF ₹35.05,
after showing a flag pattern consolidation.
PNB is expected to show a bullish move breaking the flag pattern showing targets of ₹50 - 51 if it crosses levels of ₹37.50
(Time to hit Target < 4 months)
PNB, 1D, for 40% returnPNB is in uptrend channel near to resistance..
I resistance breaks it might shhot upward.
All level are marked on chart.
All analysis are for educational purpose only
BuyBuy if it first goes to 31.90-31.40 with sl below 29.40 for target of 36.85-37.65 and 39.20.
Avoid if it first goes up to 36.85 and then falls.
Disc : it's not an investment advice to buy or sell
Bounce off the trend line, down channel can be a dampenerTrade looks good with an amazing R:r ratio.
Question on PNBStock has given a Breakdown from Wedge.
For longs, Wait for the price to be back in wedge.
Means it should start staying above 37 then one can go long. Till then avoid
Staying above 37 will again try and touch resistance trendline.
