PNB trade ideas
PNB a stock worth taking long position.when looking at the weekly chart, the RSI value is above 60, which indicates that the stock is gaining movement event. moreover, the stock is trying to break the resistance zone of 43-45. looking at the volume, RSI, and chart pattern it looks like PNB is going to be a rocket in some time.
NOW IT IS PNB'S TURNafter a long time ,recently. PNB has surpassed strong resistance of. 43 and touched upto 48 ,signaling bullish breakout momentum ,wait for retesting at 43 or near price again and pick for long term ,immediate target could be seen from the chart is as below
target for short term - 58 - 60
trade using your own check pointer and indicator
happy 😊 trading
BUY PNB AROUND 37.55 TGT 40.2/44/49/58/68 SL BELOW 34.5PNB is taking support on 50 weekly moving average and as the bad bank setup process is fastracked we can see some good recover in the stock for above mentioned levels.
PNB - BUY & HOLDPNB - BUY & HOLD
Strong MACD uptrend
Good support @ 43 & 39
Targets - 50 -55 short term
Above the 50 Day Moving Average
Alert:
RSI - oversold 79 - You might see a slight fall but HOLD and Buy on Dips
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PNB is about to break the trend linePNB is about to break the trend line with good volumes in trade. LTP is 42.55 above 43 can expect a good move in the stock. If not it will reach down to the first support zone of 40. Can also use that as stop-loss if entering into the trade.
PNB - Go long above recent green candle (No positional please)Go long above recent green candle. SL is below that recent green candle. Target: 1:2 (risk to reward).
PNB Weekly Time FrameEnter only After a Successful Breakout!
Enter only After a Successful Breakout!
PNBHammering resistance. This time its all set to break resistance with a huge upside target. Take your own decision . Its my view.
PNB : reversal on cardsAfter Long time, Started seeing reversal on RNB
PNB : Crossing 42.85 -- will test 44.15
If sustains above 44.5, we should be able to see next target - 55.9
On Daily time frame : Stock is trading above Weekly and Monthly VWAP, Monthly CPR, 20/50/100/200 - Levels.
Add to watch list, kindly study & do own research before investing.
opportunity -> 50% gainall set to move up, just testing patience. sit patiently for 6 months and enjoy the ride.
PNB- long-once crosses 39.50 will trg 45,54 and in long rung can go upto 90 level in a year time frame. once crosses 45 range 3rd wave will take it to 90 level in long run
PNB - FUNJOB TO THE BULLSPunjab National Bank, completed the corrective consolidation and is in for a bigger move. The break of 41.50 on close basis potentially to yield Inv Head and Shoulder targeting min 47, also weekly close above 47 calls for move towards 55
PNB ::: BULLISH :::DATE: 27 SEP 2021
INSTRUMENT: PNB
TREND: BUY
TIME FRAME: DAY
CMP: 38.45
BUY ABOVE: 38.80
STOP LOSS: 38
POSITIONAL TGT 01: 42.60
POSITIONAL TGT 02: 43.85
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
PNB Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below multiple support zones & the lower trendline. The target is placed near swing high.
PNB Leading towards UptrendAs we can see morning star pattern occured within Two Higher Lows connects each other from which we can say that PNB is leading towards an uptrend.
PNB chart on daily time framePNB ready for going up..
Add in portfolio
Check it PNB chart on daily time frame inverted H/S pattern breaks and now retest on neckline and see candlestick pattern with volume high..
I am not recommending for buying, its my analysis
Before buy ask ur adviser
For my analysis say its going upside to next tgt.
PNB TO MOONPNB TARGETS: 60/76 in middle to long term. Only Buy and hold!!
Next Resistance will be 60 on 1 Month charts.
