PNB marching towards 75-80 zonePNB is looking very good for targets for 75-80. Stop below 59. Daily closing above 65 will trigger a sharp up move towards 75-80 zone. Great set up.
PNB trade ideas
PNB - Cup Pattern BrackoutAfter a months of journey filled with challenges, the breakthrough has finally arrived. Like a masterpiece slowly taking shape, a classic cup pattern has emerged, signifying a major turning point. The journey's ups and downs are beautifully reflected in trading volumes, showcasing growing interest and enthusiasm. Throughout, a reliable trendline has provided unwavering support. This success isn't just about a breakout; it's a tribute to persistence, insight, and calculated risk-taking. It underscores the power of determination in the ever-changing landscape of the market.
punjab national bank buy @ 53 target 55. 45, 56.45, 59 punjab national bank buy @ 53 target 55. 45, 56.45, 59
ascending triangle breakout
risk reward 2.5
sl @50.65
This is just a view trade at your own risk
PNBPunjab National Bank
--This Month we can see a support candle or decision candle stick pattern.
--Coming months am bullish in this stock with an upside of 75 % with price 95 target.
--Dip buy as strongest support is 44.
Note- This is monthly buy so stock can go up/down in weeks and days.
A monthly closing is a must to buy.
PNB - Bullish Swing ReversalNSE: PNB is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
PNBMake inverted head and shoulder pattern in 4 hour time fram also make bullish Flag chart pattern in same time frame , take break out with High volume and make retest at resistance level RSI,EMA and MACD saw fair value for bullish so first Target will be 58.40 and Stop loss will be 49.35
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
PNB Looking BULLISH on Daily chart: Cup and HandlePNB Looking BULLISH on Daily chart-- price is also about to break major Resistance : Cup and Handle
PNB, LONG SL-47 ENTRY-50 Tg1-57PNB, Long, cup and handle pattern, good RR,
SL-47
ENTRY-50
Tg1-54, 57,
Punjab National Bank ShortNSE:PNB
Strategy: Short
Gain: 4%
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
A reasonable target for a mad moveNSE:PNB
have booked my profits but this is a projected targets for those who are holding from lower levels one should look to book profits near 65 to 68 range no fresh position is advised and one should not get in now as it too late for a good entry but the move is still on hope you hold on to the winners
pnbState-owned Punjab National Bank (PNB) said in a regulatory filing that the "Board of the Bank has approved participation in the proposed Rights Issue of Druk PNB Bank Ltd (DPNBL), an overseas subsidiary of the Bank, for an amount of Rs 72,82,80,000 at premium of Rs 7 i.e., Rs 17 per share." Further, it said that the number of shares will be 4,28,40,000.
PNB AT MONTHLY BREAKOUT RETRACEMENT✔️Monthly box breakout
✔️Monthly breakout retest
✔️PSU BANK SECTOR is strong
✔️Looks good for investment
✔️Target 61/69/88+
PNB (Swing):PNB (Swing):
A 20% up move is possible on the cards.
Note: Do your own due diligence before taking any action.
PNB : CMP - 53Short Term POV: Another PSU Bank with Upside of 30% possible.
Yellow Lines to Watch out ! Breakout with Good volume may be seen.
NSE:PNB
PNB : CUP Pattern BreakAll PSU Banks Continue breakout from oct.22. which one of the PNB on Daily TF CUP PATTERN Breakout once price break the 57.20 n sustain it than next level can see at 65.
I had hold at 41level in oct.22 still I am holding it.
Entry : CMP, SL 55.20, Upside move can see 65,97 levels...
PUNJAB NATIONAL BANK PNBPNB at strong resistance zone on weekly timeframe chart if it cross 60 level and sustain above this level for some time then it will start gain.
Box BreakoutPNB Analysis:
Price broken from box and retest done, expected target are marked on chart for long time.
Let's see.
Happy Investing!
