PNB - Enters Demand Zone
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The stock after a steep fall has entered its demand zone as you can see in the chart.
It's taking support in this zone yet once again.
Keep this zone in watch.
Trade accordingly.
It's taking support in this zone yet once again.
Keep this zone in watch.
Trade accordingly.
Note
Breached the zone and one-way movement from there. Good trade to short.Note
Forming a base. Exit short-term shorts. Next shorting opportunity at 138 when it comes up there. If it comes in small bars and with time, it would create a good short setup.Note
Hope you exited shorts today. No shorting opportunity created as it came very quickly to the demand zone again.
Instead, long opportunity at 138 , on re entry in demand zone.
Note
Very good upmove shown.Note
Upmove continues verifying that the demand area is legit.Note
Amazing demand shown this time. Chart closed.
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