PNB has target of Rs 925: Sukhani
Published on Tuesday, November 10th, 2009 at 10:40 PMAuthor: stockalert (2026 Articles)
Punjab National Bank (PNB) has target of Rs 925, says Technical Analyst, Sudarshan Sukhani.
“The point is that the Nifty is likely to build on its gains and banks have been outperforming. Now Punjab National Bank (PNB) is on the verge of significant moves, which means they have just begun. So I would expect yesterday’s gains to see a follow through today. Therefore one can buy PNB for a day trade; Rs 895 is a stoploss and a day trading target is Rs 925 but a position trader wants to build at current levels.”
Source : MoneyControl
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