Friday, June 21, 2013



PNB looks like a good buy at CMP. Stock seems to be rested on its trend line.If stock moves below 685 then one can go short on the stock. Expecting a small pull back on the stock as RSI aslo shows +ve divergence.

One can buy the stock with SL below 685 for target of 748 in couple of days.

1 comment:

  1. PNB support seems to be at 627 to 630 Levels. Stock is forming a + WW. Stock is at point 5 now.If weakness continues then stock may trade in sweet zone shown of 627 to 660 for sometime until RSI divergence appears and bounce for a target of 800 to 814.