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PNB HOUSING FIN LTD.
Long

Pullback trade in PNB HOUSING

Di aniketkulkarni500
Aggiornato
PNBHOUSING

This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.

Pullback was on low volumes, and now it has bounced so far from the breakout level.

A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.

Keep track!
Nota
New high made today!

Looks set to achieve the pattern target
Nota
Yesterday's high was just 2rs off the target.
Should hold R1 now and either consolidate or make a new high lets see
breakoutBullish PatternsChart PatternsEquityTechnical IndicatorslongsetupPNBHOUSINGpullbacktradingTrend Analysis
aniketkulkarni500

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