PNB trade ideas
Punjab National Bank Trading Idea (Swing)If the price breaks the last fractal top, go long.
Enter using Stop Loss limit order with the given levels in chart. ( CNC )
This buy signal automatically cancelled if another UP fractal is formed.
Vice Versa for short.
SHORT PNBShort PNB as the triangle is breached, Bollinger Band was contracting but now has expanded and will do so further because of the triangle's piercing
MACD showed a crossover 2 days before, Dark Cloud Cover candlestick formation with a Bearish Engulfing Candle shows high Bearish Sentiment.
EMA 20 is about to cross EMA 10 and give a Bearish crossover, the difference between them is of 0.09 bps
Closing of 7 DEC is well below 20 DEMA and new shorts were added on 7 DEC.
This makes me Bearish on PNB so go Short.
Happy Trading....
PNB - Supply and Demand ZonesDear Trades,
PNB is in the exact demand zones which i have marked as green and Supply exist at the red zone . One who look for the positional as a investment then this stock is in the attractive price and you can start accumulate until 55 levels, With a stop of 50.
Thank you,
Regards
Deepak
INTRADAY - PNB CROSSING TRENDLINE crossed trend line with normal volumes may retest trend line and fall from there
Entry at 61
Exit at 59
PNB looking good for long#PNB has given breakout from long downtrend and started forming HHs and HLs on daily time frame.
It's taking support from 20SMA, 50SMA and short term upward trendline.
Even volume is above average. Looks good to go long from current levels.
PNB PNB 15 min chart but uptrend in 4-hour timeframe waiting for a clear retest around at 65/- but I can see that the stock has extended long towards downtrend and I am seeing some bullish pressure
Will be a clear buying opportunity above 66/-
Waiting for a clear confirmation in a lower timeframe.
PNB CASH : POSIITONAL ...GOOD TO BUY IN DIPS AT 60-63 SL 57PNB CASH - POSITIONAL CALL
19 NOV 2019
NEXT STRONG RESISTANCE 69-72 LEVELS
SUSTAIN ABOVE &
CLOSE ABOVE 72 WILL GO 80-82 SL 57
STRONG UPTREND ABOVE 82 ZONE.
CMP 64.15
PNB - Break Out Retest in Channel.Break Out Retest in Channel.
At Support.
Potential AB=CD.
Volume At Support.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
PUNJAB NATIONAL BANK PNB ANALYSISAS YOU CAN SEE LONG TERM TREND LINE ON TOP MANY TIMES STOCK HAS TAKEN RESISTANCE FROM THIS LINE AS MENTIONED WITH RED ARROWS NOW WITH GREEN ARROW ON THE RIGHT STOCK STOCK CROSSED THIS RESISTANCE AND CLOSED ABOVE IT AND CAME BACK AGAIN TO THIS LINE AS SEEN WITH SECOND GREEN ARROW THIS TREND LINE WORKS AS SUPPORT NOW AS ONCE RESISTANCE BROKEN BECOMES SUPPORT FIRST TARGET FOR LONG WILL BE 68.20 AND SECOND TARGET IS THE GAP WHICH SOME DAY NEEDS TO BE FILLED STOP LOSS IS 57.75 GOOD LUCK
NOTE: FOR EDUCATIONAL PURPOSE ONLY
PUNJAB NATIONAL BANK PNB ANALYSISIT IS RESPECTING AND TAKING SUPPORT ON TRENDLINE AND BULLISH DIVERGENCE IS SEEN WITH STOCHASTICS WATCH OUT FOR A DOJI CANDLE AND GO LONG TARGET IS GIVEN STOPLOSS IS LOWER TREND LINE MUST NOT BE BROKEN ON CLOSING BASIS
Punjab national bank : look for swing to upsideHi guys, here is another major money maker for you. look for upside momentum in this one. down move might drag for little. but major thing lies in upside move.
thanks
trade with care
PNB- Results reaction ,i can see more up side Due to results reaction...again seen sharp fall in last 5 min...,However i can see more upside till 80...am bullish...
POSITIONAL LONG TRADE IN PUNJAB NATIONAL BANK (PNB)/!!(FUT)!!POSITIONAL TRADE IN PNB
VIEW:-
:-WEEKILY TRENDLINE IS ABOUT TO BE BROKEN
:-MOMENTUM GAIN IN RSI
:-POSITIVE CROSSOVER ON MACD
:-ABOUT TO BREAK ITS 20-WEEKLY -EMA
TRADE IN FUTURES NOV CONTRACT
BUY@67
STOP@60
TARGET 1@75
TARGET 2@84
LOT:7000
QTY:2
