Darvas Box Range Breakout RSI above 65 and rising Trading above EMA50 Volume spurt Disc: for study, not a recommendation
📈 Stock Name - Punjab National Bank 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 137. 🚨Disclaimer: This is not a Buy or Sell...
Breakout in Punjab National Bank with high volume..........................
Reason for long a) Pole and flag set up b) cons is BNF not supporting c) PDH breakout d) first 15 min breakout e) Weekly breakout f) QQE breakout g) SL compulsory
PNB (1D TF) Swing Trade Analysis given on 30th November, 2023 (Friday) Pattern: ASCENDING TRIANGLE - Neckline Breakout - Done ✓ - Retracement + Consolidation- Done ✓ - Pullback Candle - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #pnb
PNB is retesting the previous resistance level, if it sustains and marches upward it will become the support!!! Good volumes. Can enter at current market price. Target - 55/60/70 SL - 35 Above 70 it will be a delight!!! Need greater patience, since it is a PSU banking stock it will rise on a gradual basis!!!(Maybe more than 3 months) Note: All levels are only for...
Watchout for break out either on long or short side
The stock has been in consolidation phase for pretty long since 2017 , the 131 level is a major resistance for the stock which is expected to be broken . it has been forming cup and hnadle pattern and now the bull phase for the same has initiated. targets are 216 and 409 for short and long term respectively
PNB seems rounding bottom formation breakout concentrate if the price stays above 108. Target prices are 130 and 154
#PNB trading above Resistance of 130 Next Resistance is at 153 Support is at 104 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
#PNB trading above Resistance of 104 Next Resistance is at 130 Support is at 86 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Take entry at 80Rs Target 136 Rs Next average at 60Rs Next double average at 47Rs Be invested..II..Go with big amount for bigger profit.
PNB is breaking flag pattern good volume building up trading above 20 ema EDUCATIONAL IDEA
buy at your own analysis, we dont offer any tips , we just try to share our analysis ..
PNB upside movement possible Buying above the 130 Stoploss 91 Target 248
PNB at Major levels, with momentum and with little support from Sectors. Conservative Traders can enter after Breakout and Retest. Anyway stock is towards Monthly Supply which is on TOP. Have your own Analysis too.
PNB-EQ -Strong Breakout Candidate -Round Bottom Structure Breakout -Strong Range Accumulation -Massive Volume Buildup -Performing Good but had Bad Reputation -Just for Trading & Swing not for Investment Entry 🟢: Above 129 Target 🎯: 164, 197, 220 ++ Stop loss 🔴: 105 WCB Remark: Short Term ⚠️ Disclaimer : Chart & Levels are for educational purposes. Trade...