PNB ---MULTIBAGGER 2023
PNB --Monthly Chart setup -- Potential multibagger 2023
1. Monthly trendline breakout, lower channel breakout seen on chart last Monthly candle .
2. Monthly resistance breakout above 48 level on current month candle .
3. ROUNDED BOTTOM chart pattern formation seen after double bottom .
4. RSI ABove 60, above wma bullish techncial indicators.
5. Upside potiential 50-80% From current level in 1 year timeframe
6. ENTRY 55-58 TARGET --60-80-100 stop loss bellow support level 40 which is previous month candle low.
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own risk !1
HAPPY TRADING. !!! HAPPY NEW YEAR !!!
1. Monthly trendline breakout, lower channel breakout seen on chart last Monthly candle .
2. Monthly resistance breakout above 48 level on current month candle .
3. ROUNDED BOTTOM chart pattern formation seen after double bottom .
4. RSI ABove 60, above wma bullish techncial indicators.
5. Upside potiential 50-80% From current level in 1 year timeframe
6. ENTRY 55-58 TARGET --60-80-100 stop loss bellow support level 40 which is previous month candle low.
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own risk !1
HAPPY TRADING. !!! HAPPY NEW YEAR !!!
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