PNB INVESTMENT AND SWING TRADE OUTLOOK
Punjab National Bank (PNB) has been in a downtrend for over a decade. With 5 downside waves being completed and the Public sector slowly getting some momentum I think its time for PNB to shine.
Short term trade - Buy above 46.50 with a SL of 42.5 for targets of 54-56 2nd target of 65
Long term trade (investment) - Buy above 47 for minimum targets of 100 to 227 or even higher. Stoploss will be around 25.
Short term trade - Buy above 46.50 with a SL of 42.5 for targets of 54-56 2nd target of 65
Long term trade (investment) - Buy above 47 for minimum targets of 100 to 227 or even higher. Stoploss will be around 25.
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