PNB HOUSING - STAGE ANALYSIS (LONG)1) PNB HOUSING - Moved into Stage 2 above 200 DMA
2) BO with High VOLUME
PNBHOUSING trade ideas
PNB housing - daily After a rounding bottom breakout from 465-70 levels, it has tested 533-40 range and even done multiple retests.
Targets of 533-550-585 on daily charts and even higher targets of 585- 640- 695 possible after breakout from 585 levels.
SL can be around 460 for now but use trailing SL for positional trades.
MOLDTECH - Ichimoku Bullish Breakout Stock Name - Mold-tek Technologies Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 145
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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PNBHOUSING - Ichimoku Bullish Breakout Stock Name - Pnb Housing Finance Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 543
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Pullback trade in PNB HOUSINGNSE:PNBHOUSING
This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.
Pullback was on low volumes, and now it has bounced so far from the breakout level.
A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.
Keep track!
PNB Housing: a probable long tradePNB Housing has broken out of a resistance zone as well as a wedge
Test of the breakout✅
With an SL of 435 in CLBS and one can expect targets upto 700, beyond which we have a multiyear #breakout
Use trailing SL in this
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
PNB Housing- Ready for blastJun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
235 233 184 170 238 263
2Quater equal =500+
Highest ever yearly profit was 1081
so its highly undervalued.
mini. target 585
Stock is trading at 0.78 times its book value
#PNBHOUSINGStock completed round bottom pattern and given BO, follow chart for support and resistance.
PNBHousing: Parallel Channel BreakoutNSE:PNBHOUSING has a very high volume parallel channel breaout.
Trade:
BUY above 488, SL: 485, T: 494/500
SELL below 482 SL: 485 T: 475/470
PNB Housing Finance Ltd PNB Housing Finance Ltd.
C&H Formation: Weekly Basis
Price BreakOut
Vol. Consolidation & Further BuiltUp
Asc. Triangle Formation: Monthly Basis
Trail Stop Loss with Price Upside!!!
Do Your Own Research as well.
Happy Investing:)
Swing/Positional opportunity for 23% return || PNB HousingCup and handle pattern breakout and also ascending triangle breakout! Buy at 475 for a target of 580 around and keep a stop loss of 418. A 1:2 risk reward ratio. Do FOLLOW for more ideas!
PNB Housing - BreakoutPNB Housing :
Triple Bottom Bounce Done
Good breakout & need to break current resistance
Need to sustain 445
Go LongPNBHosing setup is looking good for long, nice consolidation and breaking out of the previous high.
Control your risk, stay profitable.
R:R - ATR : 2:4
PNB Hosuing Breakout - Symmetrical TrianglePNB Housing :
Nice Symmetrical Triangle Breakout
Stay Long above 430 with support at 420
Stock is ready to move--PNBHOUSINGstock is taking trendline support and moving ahead and RSI at 56 in weekly time frame. Price can move to upper trendline gives 50% returns and if trendline breaks can give more returns. Time frame nearly 2months.
CHART IS POSTED FOR TRADE IDEA/ EDUCATIONAL PURPOSE. PLEASE DO YOUR OWN ANALYSIS.
Watch for a support bounce/BreakoutTrading in a support
Can go short below 375
can go long above 387
PNB Housing Daily TFPNB Housing looking good to go long with a SL of 341-343.
Can give a move upto 10 % as a first target.
Crossed the resistance TL with good volume.
PNB Housing CMp 445 dated 19-9-2022 VOLUME SURGEPNB Housing CMp 445 dated 19-9-2022
1. Rectangle Bo @ 435 already done.
2. High Volume Surge
3. RSI BO
Buy @ CMP 455-470-490-515-560 SL 400
It is just a view, pls trade at your own risk.
PNB Housing - Resistance Breakout ViewPNB Housing :
At good resistance now, might breakout
Long only above 457 with Support at 444
Breakout in PNBHOUSINGBreakout in PNBHOUSING (Weekly and Daily Timeframes).
Entry - 388 (CMP)
Target 1 - 525
Target 2 - 585
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
PNBHOUSINGGood tringle pattern formed..
Daily trend positive. Heavy buying observed..
You can achieve target of 445+ on daily chart..
High RR trade..
Entry on 15 Min chart and hold for target..
RR - 1:7+
Note - For educational purpose..
