Monday, December 19, 2011

PNB - A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


PNB closes  at  ` 828.65  with a fall   of – 4.59% on 16 Dec  2011 with formation of  a Long Black Candle on Daily  Price Chart.Technically,  PNBis looking week  on Charts. Major Momentum Indicators are also Slugggish on Price Chart.  BSF has given Strong Negative Signal on Daily price chart along with RSI.PNB has strong Support at ` 819,if it trades below then Selliing is advisable.
We Recommend to SELL  - PNB  at CMP
Target- `783/755
Stop-Loss – ` 840
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