 "PNB has been trading in a cycle of higher lows for the past couple of weeks")
BUY MIDHANI | TARGET: 218 | STOP LOSS: 190
MIDHANI has been consolidating in a narrow range post-trend-line breakout on the daily chart from the past couple of trading sessions indicating base formation before another huge leap. The stock price is placed well above all the major moving averages suggesting inherent strength in the counter. Even the stock is testing the previous swing high and any breach above the same could trigger a fresh round of rally in near future. Hence one could bet on the counter from a short to medium term perspective.
BUY PNB | TARGET: 42 | STOP LOSS:
