PNB : short term buy on breakout...
PNB : CMP 42.30
highlights
1. cup and handle pattern seen
2. on the verge on upper trendline handle breakout
3. increasing volume
4. recent news / fundamentals supportive
trade setup :
1.buy above 44.40
2. keep stop loss as 38 on closing basis
3. expected target 56.40 in shorter time ( monthly pick )
buying and target based on
cup and handle technical breakout
highlights
1. cup and handle pattern seen
2. on the verge on upper trendline handle breakout
3. increasing volume
4. recent news / fundamentals supportive
trade setup :
1.buy above 44.40
2. keep stop loss as 38 on closing basis
3. expected target 56.40 in shorter time ( monthly pick )
buying and target based on
cup and handle technical breakout
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