PUNJAB NATL BANK NSE: : PNB Long CallPUNJAB NATL BANK NSE: : PNB Long Call
buy Above : 76 if closing above 76 for one or two sessions.
Target : 78.4 , 80.2
PNB trade ideas
Expiry Strategy: Sell 85 Call @ 0.45Recently, the price found a reversal below 200-EMA. MACD confirms the bearish trend. Expect Feb series expiry would below 85.
PNB -Punjab National BankPNB -Punjab National Bank Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
A GREAT TRADING OPPORUNITY IN PNB WITH HIGH RISK REWARD RATIOAS YOU CAN SEE THERE IS A GREAT SUPPORT NEAR 68 TO 70 RS. CHANNEL SUPPORT AND FIBONACCI SUPPORT IS ALSO THERE . LAST TIME SUPPORT IS ALSO THERE. TARGET RATIO IS ALSO VERY GOOD
[Intraday] PNB Tweezer Bottom + Inside BarTweezer Bottom + Inside Bar
Long above 78.55, SL PDL
Short below 77.25, SL PDH
If gap up or down, follow 5m ORB.
PNB - ABCD Pattern In Channel.AB=CD Is Completed.
Moving In Short Term Channel.
At Resistance Of Channel.
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 chart viewPNB
Levels are mentioned in the chart
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PNB Rising wedge PatternRising wedge pattern is forming in PNB, we may see movement downward in coming days.
Would like to your view.
PNB - Day Chart - REVISED IDEAHi,
I am revising my thoughts based on what my prof explained to me....
Now i am seeing what i wasnt seeing before.
Falling Trendline Resistance - Short PNB - R R Ratio 1: 3.65PNB is testing Upper Trendline in a downward channel.
Upper downsloping Trendline may act as resistance.
Short at 77.20 ( cmp )
Stop-Loss 81
Target 63.35
Risk 4.92% & Reward 17.94%
Risk Reward Ratio 1 : 3.65
