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dravya
14 Th01 2017 10:37

PNB - Showing Strength Giá lên

PUNJAB NATL BANKNSE

Mô tả

NSE:PNB is showing good market structure with rising volume on up-moves. * See those green volume spikes.

Short-term target would be intermediate resistance of 129.
Stop-loss would be a good trendline break.

Giao dịch đang hoạt động

Short-term target of 129 achieved. Would scale-out, though it seems it will trade on higher levels in coming days.

Giao dịch đang hoạt động

Trendline provided support again, and now also above the SR Line, Will hold until close below trendline.

Bình luận

Leaving this chart now. Will make a new one.

Giao dịch đang hoạt động

more than 10% up now. Well above trendline.

Giao dịch đang hoạt động

Didn't make make a new chart but trade is still active. 155 now. Up over 20% now.

Bình luận

As mentioned before , will hold until the trendline is broken.

Giao dịch được đóng thủ công

Exit. Don't wait for the trendline. I hope you closed it already.

Bình luận

Exited at peak and now made money shorting ! That's how we do it !!
Bình luận
pandya_parth
the target was always 135 for cup and holder
dravya
@pandya_parth, Hi parth, yeah, you're absolutely correct and we shall see those levels soon. Thanks.
UnknownUnicorn646072
129 will test i think
dravya
@rupambose32, Yes, more probable. Can even break it and form a base in medium term.
UnknownUnicorn646072
@dravya, thank you
dravya
@rupambose32, Sure, also look out for banknifty , if stays strong, then hurray :D .
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