- Weekly chart - Support zone where it has always bounced to reach a Bull High - Break of Down Trend Line - Divergence on RSI - Wonderful RR
PNB (Punjab National Bank) SELL BELOW 62.5
Temporary Short opportunity for PNB for Intra Day Trade Profits. Note: Only for learning purposes.
PNB after consolidating in 94.5-60 range has given a rectangular breakout pattern. This stock can move to levels of 110-120-130 in the coming days. SL 87
Whether the perpetrator of fraud is coming back or not, you can have your share back from PNB ( Punjab National Bank ). Finally after putting a base near Rs 70, it is turning a corner. I have accumulated between 70 - 90 range during the downfall and now looking forward to reap the rewards. Hopefully, election optimism rally in Indian stocks along will push the...
#pnb forming double bottom at base support with a break above the trendline. Long trade can be considered if the double bottom is confirmed i.e break above 95 resistance level.
CNXPSUBANK need 30pct haircut.. back to 2016 lows....
a nice symmetrical ABCD pattern is forming on PNB daily chart which also lines up with .886 retracement of the bigger down swing.
a bearish crab pattern seems to be forming on PNB 1H TF. this pattern also aligns with a butterfly pattern forming on PNB daily chart. looks like a very promising setup...
A bearish bat completed on the PNB 30 min TF. waiting for a short entry signal now !!
BUY PNB @ CMP & IN DIPS, TARGET 179, SUPPORT ZONE 65-100, TIME PERIOD 3/6 MONTH,,,,,,
It seems a complete formation of bearish butterfly pattern. It needs a red candlestick on Monday to confirm this pattern. If it is confirmed then it will become low risk high profit trade. Close watch on Monday closing
It is an ideal time to enter this one as following reasons, 1. Fibs Extension Completed at 1.618 2. Wave 3 completion at Structure 3. Ratio and Structure confluence 4. RSI and MACD negative Target 1 - 80