PNB - Buy Positional Trade - 3 Rising Valleys Pattern Target 55
Scrip : PNB
Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels
Target 1 - 55
Risk: Slightly Risky Trade as PSU bank
Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite.
A close below 35 could be a determined as a Stoploss level.
Also note, I am not a SEBI Registered Analyst or a Financial Advisor. Please initiate trades as per your knowledge and risk profile.
Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels
Target 1 - 55
Risk: Slightly Risky Trade as PSU bank
Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite.
A close below 35 could be a determined as a Stoploss level.
Also note, I am not a SEBI Registered Analyst or a Financial Advisor. Please initiate trades as per your knowledge and risk profile.
