PNB rectangle breakoutPNB after consolidating in 94.5-60 range has given a rectangular breakout pattern. This stock can move to levels of 110-120-130 in the coming days. SL 87Longby mrugen.kemkar1
PNB - ( Punbaj National Bank ) - Payment Now Begins :)Whether the perpetrator of fraud is coming back or not, you can have your share back from PNB ( Punjab National Bank ). Finally after putting a base near Rs 70, it is turning a corner. I have accumulated between 70 - 90 range during the downfall and now looking forward to reap the rewards. Hopefully, election optimism rally in Indian stocks along will push the beleaguered bank above 100 level. Initially I am looking for 120 - 140 range so let's see. For India, I usually stick with my list of 15/20 stocks and hardly move outside those ( comparatively not easy to manipulate kind of ) stocks. But PNB was kind of juicy opportunity and couldn't resist to dabble in it. Thesis to buy was simple based on following assumptions, 1) Indian government can't let a bank go out of business due to such blatantly outrageous fraud which they must have detected much earlier ( not just detected but could have prevented ;) ) 2) If bank has sufficient funds to cover and if it is not going out of business then, ultimately stock will recover :). But yes, finding the bottoming level is crucial. And honestly, I don't know what could be the bottom. But was just thinking somewhere around 50 but well, it didn't go below 70 so no complains. And how I came to think about 50? LOL, just out of thin air :)) . Experience in market will boost your guessing power too ;) Longby BombayBulls0
PNB If breaks out from the downward channel it will hit the targets mentioned in greenEducationby gregferns1
Has time turn the tides on PSU BanksPNB Has bounced off a major multi year support. Hoping to see higher levels in the counter. It is a buy for long term basis with a sl of 55.Longby Suryavanshi19830
PNBBasic Technical Analysis concept of horizontal resistances (previous lows acting as supply points)Shortby CourtroomInvestmentsUpdated 0
Expiry Strategy: Sell PNB Dec 80 Call @ 0.7Expect the trend would continue to be under pressure as it reaching 50day EMA which acted as strong resistance in the last two times. Expect it would expire below 80 level.Shortby vigneshwaraj110
Bearish NSE_PNB H4My #TriceBarGain method Shortterm SHORT after H4 LH only ( #RuChezRu StopManagement after entry )Shortby Routcheau3
NSE:PNB Sell For 01 Nov 2018NSE:PNB Sell initiate for 01 Nov 2018 using 1 hour chart based on Fibonacci levels, check below sell level Sell Below : 72.4 Stop Loss : 75.05 Target : 70.8 by yogesh_0586Updated 1
Effect of Hidden divegnece during resultnot for trade or any recommendation. Just for educational purpose.by ajay.mits022
#pnb forming double bottom #pnb forming double bottom at base support with a break above the trendline. Long trade can be considered if the double bottom is confirmed i.e break above 95 resistance level. Longby rajista5
PNB - bad days over ??applied a modified Pitchfork on daily chart of PNB.. prices seems to be breaking out from the upper end of the Pitchfork with some reasonable good volumes. potential target ard 105-107.Longby ZSquare091
PNBShort for a target of 82, stop loss 96. Price behavior similar to what was observed in the 2015 fall.Shortby CourtroomInvestmentsUpdated 1
PNB, ConsolidationPrice Consolidation following a big move is an essential part of a stock chart. After the debacle price is consolidating in a narrow range. At present price is at the lower end of the range which is crucial for moving on either of the sides. One will not be surprised if there is a breakout on the downside. Shortby ParimalDevnath1
Punjab National Bank SELLSell PNB @ CMP 96.10 Stoploss 98 Targets 94.80/94.50/93.11Shortby soham4190Updated 1
PNB Long @ 175-180 ZoneIt's a good fundamental trade, everyone being about the PSB Bank sector theme ! Giving good opportunity to enter it and hold for new highs in it.Longby tejasnagpal11
PNB Failed to retrace 50% levelsPNB tried to re-bounce at 50 % crucial retracement level but made lower lows and highs. Now 50% retracement level acting as resistance.Shortby bhagyeshmahajanUpdated 0