PNB trade ideas
BIG UPMOVE EXPECTED IN PNBPrice action indicate PNB is going to outperform. This movement will not happened like earlier. Feb movement expected to be very fast.
Flag Pattern Breakout in PNB bankPNB showed Flag pattern breakout and know it going Up after retest. Can go for long with strict Stoploss and Target. Can show 🚀 near terms.
PNB is looking good on chartif break past swing high can give 🚀. As it has also published robust Quarterly results. Go for long with strict Stoploss and Target.
PNB bank short term view for trade As per demand Supply theory price is approaching towards a good demand zone..
PNB is Looking StrongPNB is looking very strong. Once its closes above 107 look for the long opportunity in this stock for a target of 170. There is no good SZ above 107 untill 170. Buy on every DIP is recommended.
This type of stocks have enough sky to fly over their headYears and years down trend. Now they are successfully change their trend down to up with the hues volumes. This is a good time to enter this type of share for touch the roof which is very far
PNB Ready for 60% UpsidePNB is giving multi year Breakout and may be give 60% Upside move untill it's next Rejection which is 162
PNB trade plan for 1:4.5+ RR trade set up1. Trend - Bullish
2. PSU sector bullish
3. Fresh Breakout - Possible
4. Pattern: Big rounding bottom
PNB Bank: Major Support Zone Indicates Potential ReversalThe price of PNB Bank seems to be at a critical juncture, hovering around a major support level. This support zone has historically played a crucial role in influencing price movements. Traders are closely watching for a potential reversal from this key level.
**Entry Target:**
Consider entering a long position if the price convincingly bounces off the support zone. A break above a specific resistance level or a bullish candlestick pattern confirmation could serve as an entry trigger.
**Stop Loss:**
To manage risk, set a stop loss just below the identified support level. This will act as a safety net in case the price experiences a decisive break below the support, signaling a potential trend continuation.
**Note:**
Trading always involves risks, and it's essential to conduct thorough analysis and risk management. It's advisable to monitor the market closely and adjust your strategy based on real-time price action.
Remember to stay updated with market developments and news that might impact PNB Bank's performance. Happy trading!
Punjab National Bank Breakout Above 100PNB bank is attempting a breakout at 100 level.
Pnb is attempting multi-year breakout
Re-Test level 88
Stock Update $NSE:PNBDear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:PNB I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 92.50-93 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 82-81 In Downzone.
Resistance Levels to Watch out.
Resistance levels are the opposite, representing prices at which a stock has historically struggled to move above. These levels can signal a selling interest. Understanding resistance points is crucial for anticipating potential obstacles in the upward movement of a stock.
R1= 93
R2= 95.50
R3= 98.30
Support Levels To Watchout.
Support levels represent prices at which a stock has historically had difficulty falling below. These levels often indicate a strong buying interest. It's important to monitor these levels, as a breach might suggest a potential downward trend.
S1= 87
S2= 84.30
S3= 80.50
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
Prachi M
Punjab Bank Swing TradePnb is currently at 91
Scalp Swing Trade Target 97 -100
100 Is Upper circuit And if if Crosses 100 then 110 Is main Target
PNBPNB - 79-80.50
Huge volume seen on daily charts . IF THIS TIME BREAK OUT HAPPENS WE CAN SEE 95 LEVELS
PNBStocks trading near their 5 Day high as well as Bullish Derivation with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
PNBBreak out with elephant green candle with gud volume. risk reward ratio always keep in mind. and also supported by key moving average. may have gud upmove in future.
PNB : CUP Pattern BreakoutPATTERN FINDER STOCK : PNB
PNB Stock on weekly & on Monthly Basis following the CUP Pattern which very strong bullish pattern. Cup made from 2020. stock was consolidate from last 3 years from last couple of week we can see that stock has seen strong momentum and volatility. today stock has above 4.5% at their opening and still upside rally can continue in coming days. stock Entry would be around 74 to 75, Potential Target see in coming days would be 97 to 100
PNB Strong breakout of multiyear resistance area
Now price resting on resistance level
Other stocks in this sector are also performing well
Took 40% position
Will add more as it unfolds
This is a short term - Medium term bet
8% UPSIDE POTENTIAL A+ SETUPBreakout of H&S pattern has been done on PNB and what I'm waiting for is the retest at the neckline to take it to the upside.
Target - 69-70
PNBNSE: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.
