Punjab National BankPunjab bank makes all time low at 26 which is now strong support then makes bottom on this level and start gaining now resistance zone is previous swing high which is at 48 level
Pnb
PNB FINALLY AT BUY SIDEPNB canbuy with minimum stoploss.. very favourable target and sl..also risk reward is matching..it may touch its target of 50-60-70 maximum in next 6 month..go greeen
keep hunting and keep learning stay connected and stay tunned...
TBB - TRADE BULLS & BEARS
LEARN ONCE EARN FOREVER
PNB LongIn PNB 26.45 is the best price to take a long position from here we can expect 45% to 75% growth
PNB CHANNEL BREAKDOWNHello guys, the last two trades SRTRANSFIN & SIEMENS given here have both hit their 3rd targets and it was sooner than I expected.
Now the stock that can be seen breaking a long time range is PNB. So now PNB, as seen on a weekly timeframe is making a bearish flag and pole pattern and on a Daily timeframe has given a breakdown from channel which was it's long time trading range.
The pattern was broken and it closed 2% below the channel (went as far as 4%), which looks to me a great bearish move.
RSI is in weak zone.
MACD just turned bearish.
I have many greater targets for long term swing traders on the short side because this seems in a forever downtrend but let's do with this now.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
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.
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
Happy trading - Do like & Follow
Follow me on Twitter @ArunSamant6 for more info & Do let me know incase you want me to post about any particular stock
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 : 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.
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 (daily) - Investment opportunityHIGH PROBABILITY of breaking OUT above this channel
and then BREAKING ABOVE the supply zone too
With a calculated risk of 20/22%, one can take-up a long position for approx. 40/50% gains in coming months (3 to 9 months)
it is a good investment opportunity (for me), do your own analysis
Thank you
PNB ......... Is this the right price......... to enter ......??price momentum downward
if breaks 39.8
then best price to enter is 35-36.........
wait for the appropriate levels......... to enter
PNB monthly chartPNB has been traded on huge volume form past 4-5 months
if it breaks 47 then might see some upside
disc- do your own analysis and then trade
PNB INVESTMENT AND SWING TRADE OUTLOOKPunjab National Bank (PNB) has been in a downtrend for over a decade. With 5 downside waves being completed and the Public sector slowly getting some momentum I think its time for PNB to shine.
Short term trade - Buy above 46.50 with a SL of 42.5 for targets of 54-56 2nd target of 65
Long term trade (investment) - Buy above 47 for minimum targets of 100 to 227 or even higher. Stoploss will be around 25.
PNB for buying Buyers are accumulating 38.30 level if it crosses then 4 to 5rs momentum should be expected .
Resistance are touchedfive times.
It was Wesker resistance.
Punjab National Bank Long term TargetBased on Demand and supply this my analysis on PNB, Let see how it will perform.
Trade Setup: MIT
Targets Mention on chart
PNB : BULLISH TREND.Strong MACD , StocRSI parameters, and the recent pullback show that if the trend continues for the short term, we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
