PNB TO MOONPNB TARGETS: 60/76 in middle to long term. Only Buy and hold!!
Next Resistance will be 60 on 1 Month charts.
PNB trade ideas
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 STOCK ANALYSISHello everyone.
I am a newbie in stock market so don't trust my analysis at all.
My motive is to get ab expert advice whether my analysis is correct or wrong.
Again I am saying that don't follow my analysis at all as I have almost seem knowledge of stock market.
☺️
Cup and handle patternCup & Handle pattern is being formed in PNB. We can expect a break out anytime soon. Keep this stock in your watchlist
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 - BullishPNB CMP - 42. 25 *Positional Trade Setup*
Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range 40 - 42 / Stop Loss 35
Target 1 - 50
Target 2 - 55
Target 3 - 60 / 65
Disclaimer: This is my view and for educational purpose only.
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 - LONG FOR LONG WAY TO GO PNB broke the inverse head and shoulder and with bank nifty in strong hands as well as PSU pack this space gives good scope for move towards 60 currently around 40 stops around 33 will do.
