2025-07-01 11:04:56 am | Source: Religare Broking Ltd
Stock of the day : Punjab National Bank Ltd For Target Rs. 118 - Religare Broking Ltd
Punjab National Bank Ltd
Buy Punjab National Bank Ltd CMP 110.50 Range 109-111 SL 106 Target 118
* PNB has completed a healthy 50% retracement of its previous up-move, consolidating recent gains before potentially resuming its bullish trajectory.
* The formation of consistent higher highs and higher lows with rising volumes, strongly indicates sustained buying interest and accumulation at each pullback.
* This shows growing confidence among market participants, setting the stage for another robust leg of upward momentum in the sessions ahead.
* Investors may consider initiating long position as per the range given.
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