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Thursday, 16 August 2012

PNB: good bet for short term

PNB recently test previous swing low, took support and bounced back sharply.

Today trading consistently above last day's high, confirming that move can extend to at least 760.

Hence i gave a call on PNB in morning to buy @735-37 sl 725 

Keep target at 748/760.

Below is chart 



NOTE: In the meantime federal bank today hit first target almost....it made a high of 434.8

2 comments:

  1. Good evening G,
    what is next move for KFA commend for me G.I am interested to invest in equity ........ by MJM

    ReplyDelete
  2. what can be the % of monthly return one can expect practically as a future and option trader? Give your feedback according to your real experience.

    ReplyDelete