* Undergoing a compression post the mother candle
* Formed an IB today
* break on either side is expected to give a good move
* Long above 772 with 755 as SL target 790/810
* Short below 755 with 772 as SL 731/720
The weekly chart has a bullish sign for investors, includes FII, Individual Investors, etc
Daily chart the stock is on surge mode.
I suggest you this stock for investors but, already found a lot of investors entered.
NSE: PNB Housing Possible long for 1037+
Trading above 50% fibo level and acting as support
Possible long at current level with stop loss @ 824
Target insight 963 & 1034 + in short term
Break out above 1000 level will push prices rapidly higher
Break below 824 will bring more downside
Use stop loss and trail stop loss
Time frame 4 to 6 weeks