PNB Gilts could double as it's given Breakout we can accumulate this stock from 106 to 88 and It's could we double with in Year
The stock is in a strong uptrend in daily, weekly. Monthly is in the verge of moving into an uptrend. One can enter once the swing high is taken off in 15/30 minutes for a minimum 10% up move. Happy trading.
PNBGILTS just broke its resistance with high volume. It looks bullish on daily, weekly and monthly time frames. It would be a high-probability trade if it retests 75 levels and starts moving back up. One can quickly achieve a 1:2 risk-reward ratio. RSI: Above 60 on daily, weekly and monthly time frame Volume: Huge volume and increasing
PNBGILTS now breaks the weekly trendline, so we expect good momentum in this script and will reach 90+
Weekly chart showing a Congestion and compression pattern, price breaking above 70 can take it to 95
good stock long to this my view good upside in long tern even good dividend pay
24.06.2021 price at support (not a major one though). look for price to reverse in the blue box (highly likely), but if it does not then 62.05 would act as good support area and potential entry point.
watch for price to react near green zone if 77.60 is broken. if price doesn't holds here, then 62.05 on the cards.
Going Up trend ........ Target 85 .......... Keep on Eye.....
There is a good elliott wave count on this chart It can do a 5 up if it breaks above the box with style.