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Sharp movement expecting in PNB... Stock formed triangle formation.


PUNJAB NATIONAL BANK




  • Stock has formed triangle formation in daily chart, chart indicates sharp movement expecting in coming days.. on upper side we can see some sharp up move once stock closes and holds above 970.
  • Once stock closes and holds above 970 then PNB will find next strong trend line resistance around 1014, 1038 and 1068.
  • Chart also indicates stock is moving up from 200 days moving average, as long as stock holds above short-long term traders will be favored. Close Watch.

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