Fibonacci Levels..............................................................................................................................................................................
hello Traders, Technicals: If you wanegative but revenue increased 2. Punjab Nationalnt to go long then I will suggest you to buy near the trendline and then add Qty after the ascending triangle get broken. Fundamentals: 1. Earnings were Bank raises Rs 1,919 crore via bonds - NEWS Thanks! Please like my idea if you really like it and happy trading! NSE:PNB
SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 22-11-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
testing the swing trades with scanner lets see how it works just for educational purpose
NiftyPSU bank is bullish :- major contributor has not moved recent uptrend large volumes in 2021
triangle breakout retest, and consolidating for the past few weeks. potential upside of 10- 20% in the next two months
PNB is on verge of breaking it resistance on price and its current level is strong support per RSI . If we look at OBV it has already shown breakup and there is positive divergence... For me its early entry but risk reward is pretty favorable as my stop loss would be low of previous day candle ... If you want to wait for confirmation you can wait till the price...
Dow Theory - Accumulation and Distribution Accumulation is marked by resource-rich participants accumulating the stock at lower levels when other participants are fearful Distribution is marked by resource-rich participants de-liquidating the stock at higher levels when other participants are greedy
Easy HH HL Structure. Understanding basic market structure under Dow Theory. In Dow Theory, an uptrend is defined primarily as successively higher peaks and troughs. A downtrend is defined as successively lower peaks and troughs.
New Trend Line Added In This Chart For Clear Price Action
PNB Bank Trading In A Channel In Day Time Frame If It Break Channel Both Side Target Should Be Already Mention In Chart If It Break Up Side It Will Give Good Return For Long Position Its Making Price Action For A Long Down Foul
Breakout stock PNB KISS Principle-2 trading with Rising line NO indicator no avg only simple strategy Kiss(Keep it simple and straight) PNB is taken on the Support of Rising line it bounce back let's see it will breakout or bounce back Breakout is already there to avoid false breakout the candle which is taken support the High of that candle shuold be our...
I have mentioned target and stop loss level on the chart. PNB is fundamentally strong and we can see a great movement in 4-8 months
weekly and dalily charts show good probability of it being a breakout candidate. however, since this is the last week of the monthly expiry, the decision to trade in FnO in this counter can be counter productive. only cash delivery suggested here. please update if you make any profit from FnO in this counter, as i would like to learn
Scrip : PNB Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels Target 1 - 55 Risk: Slightly Risky Trade as PSU bank Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite. A close below 35 could be a determined as a Stoploss level....
This is a very simple chart of PNB on daily time frame... a golden crossover.... upward movement expected in the near term. Disclaimer - This has been prepared for learning purpose.... suggestions are welcome for improvising further.
This is the chart of PNB in Weekly TF Entry cmp Sl 42 Tgt 56 Important Note: I am just sharing my view. Trade at your own risk