As i blowed whistle before RBI Decision this clearly indicates how big players traped Call buyers near 43300 Follow for more updates Lets build an all equal community
Operators in index traping small traders in Call side near the decision moment be cautious
Big news, the demerger succeeded, After bottom formation on strong support of 135,
Good bounce to sell & exit from stocks Upcoming 2-3 days very critical so exit the stock @ rs 65
Alas, Global weakness affecting indian markets Small investors stay away from market currently, strong entry point will be notified when possible
Level 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...
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...
PNB Good time to accumulate more quantity of PNB Good upside movement will be seen in stock in upcoming 2-3 sessions Achievable Target of rs 45
High volatility in global markets Tomorrow can be huge gap dawn opening Square off positions for now Books profits @131.50
False breakout with RSI already high Without real volumes
Buy & Accumulate more NMDC achievable Target in short term @135
Targets achieved book profits @121 Wait for dip to buy more at levels of 127-128 again RSI Near 100 = overbought zone currently
NMDC at its peak RSI Near 100 Overbought now Book profits
Alert False breakout on NMDC without volumes & no consolidation in between Sell @130 for todays target & accumulate @128 for future holdings
False breakout without real volumes Alert dont buy only short @130
False breakout without volumes Operator trap Dont buy at this crucial levels
RSI Kissing 80 on Dailly chart for today Book partial profits today & wait to accumulate more on dips aroung 38
RSI kissing 80 Loosen up at high & book partial profits @121 Seek opportunities to accumulate more on dips now