MTF Stock Pick - Buy Punjab National Bank For Target Rs. 46.8,51 - HDFC Securities
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MTF Stock Pick - Buy Punjab National Bank For Target Rs. 46.8,51 - HDFC Securities
Stock price has formed double bottom bullish formation on the daily chart at 32 odd levels
Higher tops and higher bottoms on the daily and weekly chart
Flag pattern breakout is seen on the daily chart
Stock has been trading above all important moving average parameters
NSE PSU bank Index have broken out from long term resistance
Indicators and oscillators like RSI, MACD and DMI have turned bullish on short term charts
Buy Punjab National Bank Upto 3 Months @ Buy between CMP & 41.5-42 CMP 41.5 TGT 46.8,51 SL 37
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