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PNB share price chart, technical outlook and stock tips - Stock holding below its previous bottom this will favor bears - updated for 23rd December 2015, Wednesday


PUNJAB NATIONAL BANK


Stock holding below its strong trend line support zone i.e its previous bottom this indicates bears will be favored as long as it holds below and further price fall can be seen in coming days.

Down side stock is finding minor support around 120 as shown in above image once it closes and holds below then further weakness can be seen.

Suggested reading - MCX holidays list for year 2015.

Intraday PNB looks weak if it holds below 120.
Will find support around 117.50, 116.
S.L - 121.50.

Visit link below to see forecast on US stock markets.
http://fi-advisor.com/us-stock-market.html.

On 23rd December 2015, At 2:31 PNB share price is at 121.25 up by +0.60 ( +.50%).
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.