Even after witnessing huge Market Crash Punjab National Bank strongly held its roots,
History of chart pattern clearly indicates that whenever the stock price touches the 200DEMA(Red line in chart above) the stock price Bounce upside with very strong volumes in upcoming sessions so this correction is seen as an healthy sign in journey of this National Bank towards Target of Rs 54 in medium to short term & Rs 81 in long term which are very easily achievable by this undervalued PSU Bank
Happy investing...
History of chart pattern clearly indicates that whenever the stock price touches the 200DEMA(Red line in chart above) the stock price Bounce upside with very strong volumes in upcoming sessions so this correction is seen as an healthy sign in journey of this National Bank towards Target of Rs 54 in medium to short term & Rs 81 in long term which are very easily achievable by this undervalued PSU Bank
Happy investing...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.