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PUNJAB NATIONAL BANKPUNJAB NATIONAL BANKPUNJAB NATIONAL BANK

PUNJAB NATIONAL BANK

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PNB trade ideas

PNB Alert - Avoid Selling this quality stockLevel of Rs 44 in upcoming 3 trading sessions Strongly Standing on double technical Support & strong fundamentals i dont need to mention First Support at its Bullish trendline & second strongest 200DEMA Support which impossible to be broken for the stock with such strong fundamentals reasons as follows 1. PNB approving loans to farmers(country's backbone) on which it will earn phenomenal interest amount 2. Financial year 2021-22 india received total of 83 billion US dollar of FDI Which is going to be 100 billion US Dollar in upcoming year 2022-23 declared by indian government 3. PM Narendra Modi Launching 5G - Good for overall markets. There are many more reasons for Indian markets to move upside so stop overthinking of negatives... stay invested PNB soon touching its First TARGET of 54 RS
NSE:PNBLong
by Akash_Kendre
PNB What a strong support Pattern Even after witnessing huge Market Crash Punjab National Bank strongly held its roots, History of chart pattern clearly indicates that whenever the stock price touches the 200DEMA(Red line in chart above) the stock price Bounce upside with very strong volumes in upcoming sessions so this correction is seen as an healthy sign in journey of this National Bank towards Target of Rs 54 in medium to short term & Rs 81 in long term which are very easily achievable by this undervalued PSU Bank Happy investing...
NSE:PNBLong
by Akash_Kendre
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.
NSE:PNBShort
by this_is_shoaib