PNB: ELEPHANT GETTING READY TO FLY

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Outperformer - 1) Reverse head & shoulder pattern. 2) Punjab National Bank up by 7.5% v/s NIFTY 50 up by 4.29% in last 1 month. 3) The stock is in the Buy Zone according to its historical P/E. 4) Stock is trading above all short and long term SMAs. Targets are: 58 and 66 in medium term.
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Head and ShouldersTechnical IndicatorspnbTrend Analysis

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