PNB: SLEEPING GIANT AWAKENED Alış

PUNJAB NATL BANKNSE

Açıklama

⋅ 21 May 2021 14:26

Punjab National Bank is an Indian multinational banking and financial services company, 3rd largest in India, it has Formed reverse head and shoulder pattern. Closing and sustaining above 38.60 can lead to massive rally.

SHORT-TERM TARGET: 44 (4W)

LONG-TERM TARGET: 94 (52W)

Reasons supporting the rally;

➡️MACD ABOVE SIGNAL & CENTER
➡️RSI INDICATING PRICE STRENGTH
➡️PNB SAW IMPROVEMENTS IN NET PROFITS, OPM & REVENUES IN RECENT QUARTER
➡️MFs INCREASED THEIR SHAREHOLDINGS LAST QUARTER

Yorumlar

gauravonweb

⋅ 22 May 2021 14:23

target is just tip of the iceberg

Chinmayonniftyy

⋅ 22 May 2021 14:28

@gauravonweb, wait for a month or two. It will be crossing 44 levels.

Highest-Bidder

⋅ 22 May 2021 12:27

I agree. Buy and hold, don't get panic if it's price is managed to remain lower around 34-36.

also buy Bank of Baroda. it's fundamentally stronger than PNB.
buy and hold for targets 🎯
90,100,120

gauravonweb

⋅ 22 May 2021 14:22

@Highest-Bidder, target is just tip of the iceberg

chinmaypatnaikk

⋅ 22 May 2021 14:26

@gauravonweb, hehe actually it has the potential. You can see such levels by 2024.

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