PUNJAB NATIONAL BANK (MULTIPLE SUPPORTS)
#Stock : #PNB #Diwali Pick No 1
#Chart Time Frame: #WEEKLY
#Structure : #Multiple Supports / #Range Bound
On All Time Frame (D/W/M) the Stock is making a good base at the bottom and has made a good #Multiple #Supports with highest ever #Volumes in its history which shows that good #buying or #accumulation is going on and it will also be a good opportunity to add on every dip up to 35 - 33 and after #Breakout above 48.20 can be added more
So as per the Chart Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 43.30 or BoD 35
Target 1 - 67
Target 2 - 83
Target 3 - 99 / 107
SL - 26.30
Holding Time Frame - Medium to Long Term (#Long Term View is for 3 to 5 years which can give returns in a #Multiple times)
All charts posted here are only for EDUCATIONAL PURPOSE
#Chart Time Frame: #WEEKLY
#Structure : #Multiple Supports / #Range Bound
On All Time Frame (D/W/M) the Stock is making a good base at the bottom and has made a good #Multiple #Supports with highest ever #Volumes in its history which shows that good #buying or #accumulation is going on and it will also be a good opportunity to add on every dip up to 35 - 33 and after #Breakout above 48.20 can be added more
So as per the Chart Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 43.30 or BoD 35
Target 1 - 67
Target 2 - 83
Target 3 - 99 / 107
SL - 26.30
Holding Time Frame - Medium to Long Term (#Long Term View is for 3 to 5 years which can give returns in a #Multiple times)
All charts posted here are only for EDUCATIONAL PURPOSE
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.