NeeteshJain

PNB - BIG BUY

Long
NSE:PNB   PUNJAB NATL BANK
After a long and bleeding down retracement which ends at 1.618 extension, I expect to see a rally from these levels to target 1 and moving onto to Target 2 within 1-2 weeks.

As per the fundamentals, it is trading lower than its intrinsic value which makes it a long term buy opportunity.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.