PNB - Punjab National Bank
🔹 Technicals:
▸ Stock is in confirmed uptrend in the mid-term.
▸ Strong breakout in July supported by good volumes.
▸ Price is still above the key moving averages indicating a strong control of buyers.
▸ There is a demand zone near 20 EMA
▸ Previous swing high level near the 50 EMA
▸ A flip zone is present at 57-60 zone.
▸ This means there are plenty of support zones that can act as cushion and prevent the fall.
▸ Buyers will try to push the price higher once the overall market cools down.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
▸ Stock is in confirmed uptrend in the mid-term.
▸ Strong breakout in July supported by good volumes.
▸ Price is still above the key moving averages indicating a strong control of buyers.
▸ There is a demand zone near 20 EMA
▸ Previous swing high level near the 50 EMA
▸ A flip zone is present at 57-60 zone.
▸ This means there are plenty of support zones that can act as cushion and prevent the fall.
▸ Buyers will try to push the price higher once the overall market cools down.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.