PNB - Breakout with VolumePNB
PNB - Breakout with Volume
T1 - 43.4
T2 - 45.
SL - 40
Disclaimer : Its not a Recommendation
PNB trade ideas
PNB is a screaming buyStock completed 5elliot waves of the down move and also made a double bottom.....and has been making higher high and lower high structure confirming the start of uptrend....
CUP AND HANDLE BREAKOUT IN PNBA small cup and handle in punjab national bank. stoploss and targets are mentioned according to the rules of the pattern.
PNB LongBullish Bat Pattern Formed in PNB Daily Timeframe. Price also reversed from PRZ (Potential Reversal Zone). Targets are on Chart.
Waiting for a long after breakout and retest in TrendlineWaiting for a long after breakout and retest in Trendline
PNB - Bulls are getting charged.NSE:PNB is travelling in the parallel channel/range ( T1 & T2 ) since the beginning of the 2021.
Right now, NSE:PNB is at its supporting level over the T2 trendline and may invite the bulls to pump in the funds to soar the price.
One may initiate a long position with a stop loss below 35.3.
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PNB LongBuy PNB if it breaks Black Resistance Line.
SL 32
Target 40-44
Duration 3 months after buy.
Long term target of 75+ in 3 years.
PNB forming bullish bat pattern ?Looks very convincing bullish bat pattern in PNB.
Ready to take off to 49-50 levels.
Intraday Trade: watch for trendline breakdownshort below 36.5 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
Wyckoff Market Cycle TheoryWyckoff Market Cycle Theory. How good patterns can have maximum probability of going right..
PNB - Support @ 35.10
MF increased holdings, raising cash flow & increased cash from operating & financing activity
Analysis on chart
PNB long Long PNB Above 39.90 Target 45 SL 38.25 . Good risk to reward trade. Stock expecting to take the TL support & touch the levels. This is for your educational purpose.
Analysis of PNB spot charthere the idea about PNB spot chart for swing trading , this is only for learning purpose
iWill initiate the buy entry once its returned to the yellow boxi Will initiate the buy entry once its returned to the yellow box, bottom is the SL and upper line is the entry. SL must be placed with a little buffer.
its at support of the trend line
PNB PERFECT DZPNB CMP 40-41
SL 35
Short Term TGT 60
R:R Favourable
Disclaimer : For Educational Purposes Only
