PNB: Weekly Rounding Bottom Breakout!

🚀 PNB: Weekly Rounding Bottom Breakout! 🚀

📉 CMP: ₹111.16
🔒 Stop Loss: ₹99
🎯 Targets: ₹117 | ₹126 | ₹133

🔍 Why PNB Looks Strong?
✅ Technical Breakout: Rounding bottom breakout confirmed on weekly charts
✅ Retest Support: Successful retest at 40 EMA, strengthening bullish bias
✅ Sector Boost: With rate cuts supporting banking, PNB as a laggard may catch up with upside momentum, especially with improving results

💡 Strategy & Risk Management:
📈 Staggered Entry: Ideal to accumulate in phases
🔒 Strict SL: Maintain stop loss at ₹99 to manage downside risk

📍 Outlook: Strong technical setup + sector tailwind = promising swing and positional trade opportunity.

📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.

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