pnb housing finance looks bullish in short term.

٤ أغسطس ٢٠١٧

price bounced from trend line support and horizontal support with good volume.

sl - 1430, tgt - 1675

٢٥ أغسطس ٢٠١٧

تم فتح الصفقة

closing price 1552.65

١٢ سبتمبر ٢٠١٧

تم فتح الصفقة

moving up as expected, but taking more time than expected , till now 1644.90

٣٠ سبتمبر ٢٠١٧

ملاحظة

price recently came down to the support level, now it is bouncing back, it is now moving in a horizontal channel.

٨ أكتوبر ٢٠١٧

تم فتح الصفقة

till now 1517.70,

٨ أكتوبر ٢٠١٧

تم إغلاق الصفقة يدويًا

but elliott wave count shows that wave 2 correction (flat correction) is going on here. in.tradingview.com/x/5GfJiCW8/.

price can go down to or below 38.2% retracement level.

٨ أكتوبر ٢٠١٧

ملاحظة

now here is the fractal count of flat correction, it seems last leg of impulse of wave [c] is pending here.

٢٨ أكتوبر ٢٠١٧

ملاحظة

follow up chart, price is following the ew count.

١٣ مايو ٢٠١٨

ملاحظة

at cmp - 1301, previous support now acting as a resistance , selling pressure seen here.