PNB --Monthly Chart setup -- Potential multibagger 2023 1. Monthly trendline breakout, lower channel breakout seen on chart last Monthly candle . 2. Monthly resistance breakout above 48 level on current month candle . 3. ROUNDED BOTTOM chart pattern formation seen after double bottom . 4. RSI ABove 60, above wma bullish techncial indicators. 5. Upside...
Parallel channel support & Trend line breakout, PNB looking good to buy
Stock is not sustain on higher level Double Top formation is created now. Expecting more downside from this level
We are expecting some more downside in this chart Reason double top formation creation and trend also change in pattern.
This is one of the best PSU bank right now. Amount recovered from bad debt are its profit.
# PNB Bank after a continous fall has consolidated for nearly 02 years. # Stock has formed a double bottom pattern on the monthly chart. # Does not good on fundamental. But certainly there is an improvement. # CMP- 54, Immediate resistance is at around 66-68 and support at 26.
PNB is at the exact support level, is getting support. Now the beauty is: the RSI is also exactly matching the price behavior (the uptrendline). Trade: BUY above 60, SL: 58, T: 61.5/63 SELL below 58, SL: 60, T: 56.50/54
PNB will easily achieved target 75 within 2 years, according to the chart pattern it can easily crack it down
DO PNB DESERVE A PLACE IN PORTFOLIO? As everyone is mad with the behaviour of PNB, and with all the projections of it becoming zero, I feel it's my responsibility to add my bits. well PNB is not a stock for weak hearts to stick onto. It has underperformed our banking cycle. with all the boom and busts in the economy, PNB has resulted in losing its market cap. Can...
Punjab National Bank (PNB). PNB is trading at a important level. If price sustains above 48.5, we may see more upside in PNB Stock. Targets are 59/64.
PNB Share soon taking a Breakout because its bottom trendline is very strong. if you see it takes the support on Trendline then there is an opportunity of buying Let's wait and watch!!!
PUNJAB NATIONAL BANK as Per Day Chart Analysis Stock ABOVE 56 TARGET 58 / 60 / 62 / 64 / 66. Happy Profitable Trading to All...
i think it will make a pattern of bullish pennant in smaller time frame and it will go up with the trend as i can see the pattern . I want u all to help me, and confirm if my idea is correct or not . Your help will give me confidence
monthly resistance are taken out. however it may be tough to rise through all resistance
Entry - 45.80 Entry reason - Triangle breakout SL - Close below previous low of 44.30 Target - first target -> 48.80, then can trail
PSU Bank as a sector is outperforming since few weeks now. PnB has given double bottom breakout at 45-48 levels. Target is coming to 65-68 levels. SL: Daily candle close below 45. Target timeframe: 2 to 6 months.
THIS IS THE CHART OF #PNB PUNJAB NATIONAL BANK ON 1WEEK TIME FRAME. XABCD HARMONIC PATTERN ACTIVATED ON 1WEEK TIME FRAME , #PNB BREAKS THE VERY STRONG SUPPORT OF 48 RUPEES ON WEEKLY BASIS. NOW WE SHOULD TAKE THE ENTRY ON THE CONFORMATION OF 200EMA BREAKOUT FOR THE UPPER TARGET'S. All the information shared in this chart is provided for strictly educational...