Monday, August 3, 2015

PNB - Weakness Ahead


#PNB - Punjab National Bank Corrected sharply from 130 levels to 158 Levels in no time; Stiff Resistance at 161 - 163 levels in coming sessions and near to Fractal Resistance of 168. Look for Bearish price action to short sell the stock for targets lower than 140 - 130 respectively. Overbought on Daily Charts will add pressure to the stock in coming sesssions.
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