PUNJAB NATIONAL BANK
- PNB has formed triangle formation in daily chart , this indicates sharp move expecting once PNB comes out from its formation. On upper side stock will find trend line resistance around 1014, once PNB closes above 1014 and if holds above then will favor bulls for next few trading days.
- Intraday close watch once stock starts trading above 1014 , if holds above during trading hours then intraday bulls action is expecting.
- Technical chart also indicates that stock is will be facing strong trend line resistance around 1014, 1038 and 1068.
- According to chart no3, stock is moving up from 100 days moving average, as long as holds above bulls will be favored.
- Day trading tips.
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