PNB broken round bottom neckline with super huge volume. It might test neckline before giving upmove. Targets on chart...
Please stay cautious from retests the price may come down to restest the levels and can resume going up after that so don't buy blindly if the market stays positive then only go long
Stock strength is very high and has shown good consolidation from last 7-8 months. It will break the channel this time and can show good run from here. Target 60+ Stop Loss: 33
PNB crossed 20 and 50 DMA with good volumes. CMP 29.55 and shall go to 31, 34.
Targets 27/27.5 Disclaimer : Please trade with your own and comfortable views. I just share my view.
Resistance 1 : 29.50 Resistance 2 : 30.45 Support 1 : 27.60 Support 2 : 26.20 It is best time to buy... * Disclaimer : I just shared my view. Please trade with you own and comfortable views.
Buy only if cross trendline i.e.close above 41 1st targt 54 and long target is 99
#PNB Punjab National Bank consolidating in an Ascending triangle pattern in the daily chart and likely to see breakout in the stock above swing high of 39.5. technical parameters and volume setup looks positive as of now. Keep a watch.
Hello, Pattern : Bearish Shark Stock : NSE:PNB Time Frame : 5 Hour TF. Note : This chart is only for study and reference purpose.
Considering PSU banking sector breakout. Please do check 10 years profits (if there are any) to PSU banks before investing in them. Decide capital allocation accordingly. :) Punjab National Bank
NSE:PNB is struggling at the supply zone. One may go short if the trendline breaks.
Observations : Ralied from 31 levels to 35 levels in anticipation of results... Technically 37 will act as a strong resistance... Breakout above 37 new trading range.. Sustaining below 33.60 rally fizzles out...... Time Frame : 10-15 tradig sessions...