PNB long setup

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Punjab National Bank long setup on weekly chart

Buy above: 155
SL: 135

Target1: 180
Target2: 200
Target3: 225
Nota
PNB on 15m tf is in the process of ascending triangle formation. Lets hopr for a breakout above 155

istantanea
Trade attivo
Nota
PNB at channel bottom

istantanea
Nota
So far price made a low of 135.65... Very very close to our SL.
We will maintain the same SL and wait for the good bounce from here.
Nota
SL not hit. Missed SL by 65 paisa
Fresh buy can be initiated above 146 upon channel re-entry. SL and targets remain the same

istantanea
Trade attivo
Trade chiuso: stop raggiunto
Nota
PNB below 132 can fall further

istantanea
Nota
PNB has re-entered the channel
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