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PNC INFRATECH LTD.
Long

BULLISH on PNCINFRA

By Kunal-Battu
PNCINFRA

The price has given the breakout from the channel pattern. The MACD is also bullish. The RSI is above 50 which shows good momentum. The Price has crossed from 200 DMA, and also trading above the moving averages which shows bullishness. This view is for Short term Investment i.e. upto 1 year. The SL is around 245 levels and Target is around 375 and after this target is achieved, then i will update my position.

Disclaimer : This is my own view and analysis. This is for educational analysis. This is not a recommendation, call or a tip.
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Kunal-Battu

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