2026-02-23 11:17:28 am | Source: Motila Oswal Wealth Mangement
Technical – Conviction Delivery Idea: Buy Punjab National Bank for TARGET Rs.140.60 by Motila Oswal Wealth Mangement
Punjab National Bank
Buy Punjab National Bank CMP 129.59 SL 123.80 TARGET 140.60 DURATION 1 Week
(Mcap Rs. 1,48,937 Cr.)
* Bounce up from major support zones.
* Strong bodied bearish candle.
* Surpassed above 20 DEMA.
* Surge in traded volumes.
* RSI momentum indicator showing strength.
* We recommend to buy the stock at CMP Rs.129.59 with a SL of Rs.123.80 and a TGT of Rs.140.60.
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