NSE:PNB Stock broke out of triangle pattern with support of volume. Crossing long term fib level 0.328. stock is at good R/R level. Can be entered for target fib 0.5.
Pnb company is created a rounded bottom so it is positive chart pattern for long term.
These is my personal view so is not buy or sell signal and use your analysis and discuss with your financial advisor.
-rushikesh_dhavale_45
After a months of journey filled with challenges, the breakthrough has finally arrived. Like a masterpiece slowly taking shape, a classic cup pattern has emerged, signifying a major turning point. The journey's ups and downs are beautifully reflected in trading volumes, showcasing growing interest and enthusiasm. Throughout, a reliable trendline has provided...
punjab national bank buy @ 53 target 55. 45, 56.45, 59
ascending triangle breakout
risk reward 2.5
sl @50.65
This is just a view trade at your own risk
Punjab National Bank
--This Month we can see a support candle or decision candle stick pattern.
--Coming months am bullish in this stock with an upside of 75 % with price 95 target.
--Dip buy as strongest support is 44.
Note- This is monthly buy so stock can go up/down in weeks and days.
A monthly closing is a must to buy.
NSE: PNB is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed...
Make inverted head and shoulder pattern in 4 hour time fram also make bullish Flag chart pattern in same time frame , take break out with High volume and make retest at resistance level RSI,EMA and MACD saw fair value for bullish so first Target will be 58.40 and Stop loss will be 49.35
This is for educational purpose not a trading advice so that's my view...
NSE:PNB
Strategy: Short
Gain: 4%
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
NSE:PNB
have booked my profits but this is a projected targets for those who are holding from lower levels one should look to book profits near 65 to 68 range no fresh position is advised and one should not get in now as it too late for a good entry but the move is still on hope you hold on to the winners
State-owned Punjab National Bank (PNB) said in a regulatory filing that the "Board of the Bank has approved participation in the proposed Rights Issue of Druk PNB Bank Ltd (DPNBL), an overseas subsidiary of the Bank, for an amount of Rs 72,82,80,000 at premium of Rs 7 i.e., Rs 17 per share." Further, it said that the number of shares will be 4,28,40,000.
