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2026-01-19 11:08:46 am | Source: Religare Broking Ltd
Stock of the day : Punjab National Bank Ltd by Target Rs. 319 - Religare Broking Ltd
Stock of the day : Punjab National Bank Ltd by Target Rs. 319 - Religare Broking Ltd

Punjab National Bank Ltd 

Buy Punjab National Bank Ltd CMP 132.36 Range 131-133 SL 128 Target 140

* PNB maintains a robust bullish structure, characterized by consistent higher highs and higher lows.

* Prices continue to trade within a rising channel and remain above key short- and medium-term moving averages, confirming trend strength and positive alignment.

* The recent breakout, supported by rising volumes, reinforces bullish conviction.

* Overall, the technical configuration favors continued upside momentum, and investors may consider accumulation to benefit from potential trend continuation opportunities.

 

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