Punjab and Sindh Bank looking for good move for NSE:PSB by sharmagkp

trendanalysis indicator chartpattern longtrade shorttrade positional support shortterm basepattern

PSB seems good for a positional trade with provided entry, exit and stop level. It looks like has ended down tend on daily basis and has started new up trend on daily basis. Formed a good support level. On weekly scale it has already crossed 50 WMA over 200 WMA, that gives strength for the stock. Let's see what happens next.

Disclaimer:
My ideas are not for recommendation purpose. I am just sharing my ideas to share with community.

Comment:

Oooops :(

Trade closed: stop reached

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