PNB has formed Triangle Pattern.
PNB has raised funds through QIP amounting to 1800Crores. Today the volume was good enough.
If the script breaks above 38.25 go for Long ( Must close above 38.25 in daily time frame)
Target - 41.05 and 46.65
SL - 35.45
Disclaimer: Kindly do your own analysis before executing the trade.