🚀 PNB: Weekly Rounding Bottom Breakout! 🚀
📉 CMP: ₹111.16
🔒 Stop Loss: ₹99
🎯 Targets: ₹117 | ₹126 | ₹133
🔍 Why PNB Looks Strong?
✅ Technical Breakout: Rounding bottom breakout confirmed on weekly charts
✅ Retest Support: Successful retest at 40 EMA, strengthening bullish bias
✅ Sector Boost: With rate cuts supporting banking, PNB as a laggard may catch up with upside momentum, especially with improving results
💡 Strategy & Risk Management:
📈 Staggered Entry: Ideal to accumulate in phases
🔒 Strict SL: Maintain stop loss at ₹99 to manage downside risk
📍 Outlook: Strong technical setup + sector tailwind = promising swing and positional trade opportunity.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#PNB #BankingStocks #BreakoutTrading #TechnicalAnalysis #SwingTrading #StockMarketIndia #InvestmentOpportunities
📉 CMP: ₹111.16
🔒 Stop Loss: ₹99
🎯 Targets: ₹117 | ₹126 | ₹133
🔍 Why PNB Looks Strong?
✅ Technical Breakout: Rounding bottom breakout confirmed on weekly charts
✅ Retest Support: Successful retest at 40 EMA, strengthening bullish bias
✅ Sector Boost: With rate cuts supporting banking, PNB as a laggard may catch up with upside momentum, especially with improving results
💡 Strategy & Risk Management:
📈 Staggered Entry: Ideal to accumulate in phases
🔒 Strict SL: Maintain stop loss at ₹99 to manage downside risk
📍 Outlook: Strong technical setup + sector tailwind = promising swing and positional trade opportunity.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#PNB #BankingStocks #BreakoutTrading #TechnicalAnalysis #SwingTrading #StockMarketIndia #InvestmentOpportunities
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.