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PNB HOUSING FIN LTD.
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Pullback trade in PNB HOUSING

aniketkulkarni500 tarafından
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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!
Not
New high made today!

Looks set to achieve the pattern target
Not
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

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.