Ravi_Singh_Chauhan

Price action in PNB Chart

NSE:PNB   PUNJAB NATL BANK
PNB has been building up a good price action since last 2020 crash. Now looking forward, we can see a good triangular pattern that has a high probability of a bullish run which may give us a good target of around 46. But looking on the other side, in case it breaks down then it may get slapped till 34 and may recover from there or in worse case till 27.
PNB has captured/gained an excellent volume in 2021 compared to 2020.
Initiate any position based on price action and other factors.

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