PNB trade ideas
SWING TRADE IN PNB DEC FUTSWING TRADE IN PNB
DEC FUT
HOLDING THE TRENDLINE
BUY@71
STOP@70
TARGET@74
LOT:5500
QTY:1
PNB RISING WITH BULLISH TRENDLINE AND MOVING AVERAGE CROSSOVERConstant support on trendline on daily chart
20-dma providing support constantly
today there is a possibility of 20-dma crossover 50-dma
FUTURES TRADE NOV/DEC
INTRA-DAY TRADE
BUY@71.35
STOP@70.35
TARGET@73.85
IF BREAKS 74.5 AND CLOSES ABOVE
BUY@75
STOP@73.80
TARGET@83.85
LOT:5500
QTY:1
PNB Tilted HNS and UptrendCase I: PNB is currently in the uptrend and the uptrend will get killed on Trigger II i.e. 67.4
Case II: Also, in the aggressive case, We can observe tilted HNS Pattern which will get triggered on Trigger I i.e. 69.
In both case, stop loss should be kept at 72.5
If the stop loss is touched, one should Stop And Reverse as it will be a continuation of the uptrend.
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
