a nice symmetrical ABCD pattern is forming on PNB daily chart which also lines up with .886 retracement of the bigger down swing.
a bearish crab pattern seems to be forming on PNB 1H TF. this pattern also aligns with a butterfly pattern forming on PNB daily chart. looks like a very promising setup...
A bearish bat completed on the PNB 30 min TF. waiting for a short entry signal now !!
Looks likes a butterly is setting up on the Punjab National Bank Daily chart.... what say ?
Usually I don't trade head n shoulders unless there are other valid reasons to enter. If you are an aggressive trade, you might want to enter just after the breakout of Neckline which has happened on Friday market closing. If prices are at your expected entry level during Monday open you can go short in PNB Happy Trading !