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Pullback trade in PNB HOUSING
PNB HOUSING FIN LTD.
Long
Pullback trade in PNB HOUSING
By aniketkulkarni500
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Updated
Dec 21, 2022
1
Cheer
Cheer
Dec 19, 2022
PNBHOUSING
This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.
Pullback was on low volumes, and now it has bounced so far from the breakout level.
A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.
Keep track!
Dec 20, 2022
Comment
New high made today!
Looks set to achieve the pattern target
Dec 21, 2022
Comment
Yesterday's high was just 2rs off the target.
Should hold R1 now and either consolidate or make a new high lets see
breakout
Bullish Patterns
Chart Patterns
Equity
Technical Indicators
longsetup
PNBHOUSING
pullback
trading
Trend Analysis
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