PNB has target of Rs 925: Sukhani

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PNB has target of Rs 925: Sukhani

Punjab National Bank (PNB) has target of Rs 925, says Technical Analyst, Sudarshan Sukhani.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about PNB See messages about PNB PNB BSE | NSE 10/02/12 Are Mutual Funds betting on PNB?

Punjab National Bank (PNB) has target of Rs 925, says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "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."