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THREETREND RESEARCH

12th Aug · SEBI-Registered Analyst

PNB

$PNB The trendline breakout occurs when the price decisively moves above a downward-sloping resistance trendline, indicating that selling pressure is weakening. In this PNB chart, the price has broken above the blue trendline with a strong bullish candle, signalling a potential trend reversal or continuation of upward momentum. A sustained move above the breakout zone, preferably with strong volume, can strengthen the breakout confirmation.

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