PNB trade ideas
channelthe is trading channel and it has reached it high.so we will enter in an aggressive way with stops above the demand zone
#PNB CASH : GOOD RESISTANCE 72#PNB CASH
18 OCT 2018
GOOD RESISTANCE 72..
ONCE BELOW 66.. 62-63/59 POSSIBLE
PNB is Buy - 11.9.2018PNB has high call premium for CE90
PNB has recovered debt of some 11300 Crs - NEWS
What should we do ?
Go long above 83 when RSI is atleast above 20 and price is above 20 period simple moving average
Method of prediction : Intuition
PNB - Gap Theory TradePNB gapped down on 16 May 18, wait for gap to be filled.
Gap starts to fill on 22 May 18, Entry at 80
Gap is completely filled on same day 22 May 18, exit at 83.55
