Punjab National BankStock on major trend line support.
Rsi and macd are very weak.
Wait for break trend line support or move up.
PNB trade ideas
PNB Daily Bullish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
PNB EWT real Time AnalysisPNB bank for short time TP 42, 44 and 48 .............................................................................................................................................
EXPLOTION !!! PNB 25% move in upsideIMPORTANT !!
KEYPOINTS :-
1. Triangle break
2. High volume
3. Consolidation
4. In a channel pattern on 1 week time frame
NSE:PNB
Short on pnbChart shows take profit and stoploss targets
Trend lines drawn
Break in market structure observed
Long target 48PNB is taking support in the channel. We can go for the ling position. SL when is close outside channel on weekly closing basis.
PNB ready to hit 3 digitPNB looks good for breakout after long consolidation.
One can buy for the target of 65, 105
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.
Buy Buy Buy - Pnb - Short term gain of 10%Hi All,
Target can be around 45
If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses.
Feel free to leave any questions you have in the comments! I will gladly respond to them.
Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk.
PNB (LONG)good volume seen in PNB
its taking support at 200 EMA
Bounced back from 255 EMA
crossed the decending trendline
and now following the asending trendline
rest levels are as given
BUY NEAR 39
SL 37
TGT 42-45-47
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
Take a look at the PNB>The Supports and Resistance are unlimited as you look.
>The risk to reward is what I mentioned on the chart also with the stop loss.
>Target is upper trend line.
#IDBI Buy Setup Ascending TriangleIDBI currently trading at Support line of Ascending Triangle which 38.5. SL will be 35 on weekly closing basis.
Risky traders can take trade at current level.
Ascending Triangle set up will be valid once it break 45 on weekly closing basis. For the target of 2020 High i.e. around 65.
There is high probability that stock will break 45 level.
Complex Cup and Handle in makingHuge accumulation happening before the real marathon !!!
Multi bagger !!!
Perfect bet for long term!!!
3X to 5x return can be possible in 3-4 years !!!!!
PNB Master Stroke Breakout abv 46 PNB Master Stroke Breakout abv 46 for atleast the levels of 60++++++
PNBMust Correlateyourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
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.
NOW IT IS PNB'S TURNafter a long time ,recently. PNB has surpassed strong resistance of. 43 and touched upto 48 ,signaling bullish breakout momentum ,wait for retesting at 43 or near price again and pick for long term ,immediate target could be seen from the chart is as below
target for short term - 58 - 60
trade using your own check pointer and indicator
happy 😊 trading
BUY PNB AROUND 37.55 TGT 40.2/44/49/58/68 SL BELOW 34.5PNB is taking support on 50 weekly moving average and as the bad bank setup process is fastracked we can see some good recover in the stock for above mentioned levels.
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.
