PNB long setup

Punjab National Bank long setup on weekly chart

Buy above: 155
SL: 135

Target1: 180
Target2: 200
Target3: 225

Kommentera:

PNB on 15m tf is in the process of ascending triangle formation. Lets hopr for a breakout above 155

Handel aktiv

Kommentera:

PNB at channel bottom

Kommentera:

So far price made a low of 135.65... Very very close to our SL.
We will maintain the same SL and wait for the good bounce from here.

Kommentera:

SL not hit. Missed SL by 65 paisa
Fresh buy can be initiated above 146 upon channel re-entry. SL and targets remain the same

Handel aktiv

Trade stängt: Stopp nått

Kommentera:

PNB below 132 can fall further

Kommentera:

PNB has re-entered the channel