Prakash Gaba of prakashgaba.com told CNBC-TV18, "Punjab National Bank (PNB) so far still looks good. Upside is still on, but first have a stoploss below Rs 200."
At 15:15 hrs Punjab National Bank was quoting at Rs 208.10, up Rs 10.80, or 5.47 percent.
The share touched its 52-week high Rs 231.60 and 52-week low Rs 114.60 on 26 October, 2017 and 29 December, 2016, respectively.
Currently, it is trading 10.15 percent below its 52-week high and 81.59 percent above its 52-week low.
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