Chartmaniac

PNB is ready to buy for positional trade.

Long
NSE:CNXPSUBANK   Nifty PSU Bank Index
PNB
Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
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