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PNB, Intraday View for 3-June

PUNJAB NATL BANK (NSE:PNB)  
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NSE:PNB   PUNJAB NATL BANK
Trend Analysis Chart Patterns Technical Indicators intradaystock indicatorstrategy Moving Averages bankingsector psubanks PSU breakout hammercandle
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trendanalysis chartpattern indicator intradaystock indicatorstrategy movingaverage bankingsector psubanks psu breakout hammercandle
A bullish hammer candle has been formed and given the breakout of the compression zone.
Also the degree and nature of separation in both bands indicate the start of an uptrend but we need a confirmation candle.
CMP-129.45
R1-131.55
S1-123.50

Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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