PNB Housing Finance Huge Breakout

This subsidiary of Punjab National Bank had fallen on bad days ever since PNB's fall after Nirav Modi case. However, PNB was in the market to sell the stake.
Now marquee investors Aditya Puri and Carlyl group have decided to invest.
It has given a breakout from CNH formation on the weekly chart. Narrative on the chart. Should reward long term investors.

Disclaimer: This is not a suggestion to buy or sell. For educational purpose only.