"Delivery Idea 10-05-23 PNB (CMP: 48.35) Buy Price: 48.5 SL Below: 47.75 Target: 54"
Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it
After analyzing PNB's stock, there are indications that a potential breakout may occur in the near future it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and...
punjab national bank bank buy at 39 target 47 .................
Breakout & rest done... Go long... Education purpose only..... Thank you
We can see a up move in PNB. Stock is supporting 20 EMA and there is good volume on trendline breaking candle
As already said in psu bank analysis, all psu banks will post good results in this qtr, this stock again near to BO zone forming round bottom pattern with good volume build up, follow chart for proper support and resistance levels.
PNB BUY : 50 TARGET : 55 DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
If PNB pass this breakout then a nice 1:6 risk reward ratio trade can be executed. Only if price crosses the high of this swing i:e 49.10 level.
Everything is clearly mentioned in the chart. 11 April 23 For Learning Purpose.
PNB--Hourly chart --intraday setup --31/03/2023 TECHNICAL OBSERVATIONS . 1. Hourly chart trendline breakout seen 2. Hourly resistance breakout level seen 3. Above 24,35,200 HMA on hourly chart 4. CCI , EMA Cross bullish zone 5. ENTRY above 46.50 INTRADAY target 47-48 + Stop loss 45 6. Pullback of nifty and bank nifty at hourly chart . ** THIS IDEA...
Stock is not sustain on higher level Double Top formation is created now. Expecting more downside from this level
We are expecting some more downside in this chart Reason double top formation creation and trend also change in pattern.
PNB --Monthly Chart setup -- Potential multibagger 2023 1. Monthly trendline breakout, lower channel breakout seen on chart last Monthly candle . 2. Monthly resistance breakout above 48 level on current month candle . 3. ROUNDED BOTTOM chart pattern formation seen after double bottom . 4. RSI ABove 60, above wma bullish techncial indicators. 5. Upside...
Parallel channel support & Trend line breakout, PNB looking good to buy
This is one of the best PSU bank right now. Amount recovered from bad debt are its profit.
# PNB Bank after a continous fall has consolidated for nearly 02 years. # Stock has formed a double bottom pattern on the monthly chart. # Does not good on fundamental. But certainly there is an improvement. # CMP- 54, Immediate resistance is at around 66-68 and support at 26.
PNB is at the exact support level, is getting support. Now the beauty is: the RSI is also exactly matching the price behavior (the uptrendline). Trade: BUY above 60, SL: 58, T: 61.5/63 SELL below 58, SL: 60, T: 56.50/54