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Chinmayonniftyy
Jun 27, 2021 10:53 AM

PNB: ELEPHANT GETTING READY TO FLY Long

PUNJAB NATL BANKNSE

Description

Outperformer - 1) Reverse head & shoulder pattern. 2) Punjab National Bank up by 7.5% v/s NIFTY 50 up by 4.29% in last 1 month. 3) The stock is in the Buy Zone according to its historical P/E. 4) Stock is trading above all short and long term SMAs. Targets are: 58 and 66 in medium term.

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