PNB trade ideas

sanjaymeena

PNB has recently given multi year breakout above 169 and also made 52 week highs. Stock is trading above all DMA's . With favorable policies coming from the government for the PSU banks related to bankruptcy codes, mergers etc , many of them can be good trading bets.

ashokakbari Updated 

Keep strict SL as per your view.

sgor1980 Updated 

Here I have tried to simplify the wave counting on the chart of PNB, as far as possible. The stock looks to be under irregular-B wave of its flat corrective pattern, most probably. The stock may see rally up to 184 depending on the completion of its sub-micro wave (4). After the completion of the sub-micro wave (5), also completing micro wave 'rounded-C' and...

ashokakbari

Lets try to catch it around given price.. with SL

BHUMIT-ARQ

Targets 200, Stop Just below 135, Enter range 157-160, TIME PERIOD > 2-3 MONTHS

shiv2798 Updated 

I am looking to go long when price cools down in the Area and confirm the support is properly established , it just broke the previous resistance with Big Candle , so the stock need cooling time Once indication of Up thrust I will jump for Target of 175 with stop 150 in 1 Month regards

VipinSharma

NSE:PNB now pnb has started creating higher highs and higher lows

XABCD

Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame. Here's a trading plan for PNB Weekly location: Low Daily trend: Up (Let's go long) Hourly zones: Demand zone marked on chart Trade duration (max): 2 week Note: Target, Entry and SL on chart

dravya Updated 

These are my probable setups for different kind of traders. Aggresive buy is for those who believe banknifty will be strong and would like to increase their RiskReward. Defensive buy is only buying on breakout of the line. Value buy is improbable but if the stock doesn't sustain up , and falls, then when it reaches the trendline, it'll be a good opportunity.

k314 Updated 

PNB trading setup on hourly chart

dravya Updated 

The stock after a steep fall has entered its demand zone as you can see in the chart. It's taking support in this zone yet once again. Keep this zone in watch. Trade accordingly.

Tyrant Updated 

Pnb Has Good support At 138 Levels. Once it's Broken it can test 131-130 Levels.

Prinish2430 Updated 

Punjab national bank...If break the channel support then opportunity to short... Target 140,138, Stop loss 146.50

shiv2798 Updated 

Its been observed that in 4 Hour Charts the Price is heading towards downward trend , if it Brakes below 144 and close below 144 then one can go for short selling for target of 140/139 With SL 144.75 Cheers

shiv2798 Updated 

Sell on CMP or High With SL 145 Target 141/140 Cheers

vanathi Mod Updated 

PNB is buy above 142.5 with the stoploss of 140. Targets are 144.5, 146 and 147.

sagarkotecha Updated 

Looks like a nice cup and handle is in formation. Today almost it touched its upper range of support (138) and close nicely at 141. RSI and slow stochastic are near mid which does not indicate any trend so keep watch for few days to confirm the handle formation.

raj3elite Updated 

Descending Triangle on PNB. NOTE: This chart recommendation for positional, not for an intraday. Trade: Short below - 139.00 Target 1 - 136.80 Target 2 - 134.50 Stop loss - 142.40 Risk : Reward => 1 : 2 Reward Points - 4.5 Risk Points - 2.5