RELIANCE COMM LTD, RELIANCE POWER, YES BANK, CG POWER AND INDUS, RELIANCE CAPITAL, RELIANCE INFRASTRU
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
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.
AS 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
Recently, the price found a reversal below 200-EMA. MACD confirms the bearish trend. Expect Feb series expiry would below 85.
PNB Levels are mentioned in the chart If u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW USto get regular updates. Take care & safe trading...!!!
Rising wedge pattern is forming in PNB, we may see movement downward in coming days. Would like to your view.
Hi, I am revising my thoughts based on what my prof explained to me.... Now i am seeing what i wasnt seeing before.
Already broke out of expected resistance and now we can see some bull dance
Short below 75.6 with SL 77.45 T1 74.85 T2 74.4 T3 73.55 T4 72.6
PNB 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
MOMENTUM TRADE IN PNB RISING OI+ RISING ABOVE 74 AFTER LONG TIME++ RESISTANCE BROKEN WITH RISE IN OPEN INTEREST+++ DEC FUT BUY@74.5 STOP@72.75 TARGET@78.5 LOT:5500 QTY:1