PNB trade ideas
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.
Long term sharesPnb 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
PNB stage two stock!!Stock has come out of base and will be transforming into stage two. Stock is also trading above 200dma.
PNB marching towards 75-80 zonePNB is looking very good for targets for 75-80. Stop below 59. Daily closing above 65 will trigger a sharp up move towards 75-80 zone. Great set up.
PNB - Cup Pattern BrackoutAfter 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 unwavering support. This success isn't just about a breakout; it's a tribute to persistence, insight, and calculated risk-taking. It underscores the power of determination in the ever-changing landscape of the market.
punjab national bank buy @ 53 target 55. 45, 56.45, 59 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
PNBPunjab 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.
PNB - Bullish Swing ReversalNSE: 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 capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
PNBMake 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 comment down your view 🤗
PNB Looking BULLISH on Daily chart: Cup and HandlePNB Looking BULLISH on Daily chart-- price is also about to break major Resistance : Cup and Handle
PNB, LONG SL-47 ENTRY-50 Tg1-57PNB, Long, cup and handle pattern, good RR,
SL-47
ENTRY-50
Tg1-54, 57,
Punjab National Bank ShortNSE: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.
A reasonable target for a mad moveNSE: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
pnbState-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.
PNB AT MONTHLY BREAKOUT RETRACEMENT✔️Monthly box breakout
✔️Monthly breakout retest
✔️PSU BANK SECTOR is strong
✔️Looks good for investment
✔️Target 61/69/88+
