Monday, March 7, 2011

Sell Recommendation – Punjab National Bank

Sell Recommendation – Punjab National Bank

Sell Recommendation – Punjab National Bank

Posted: 07 Mar 2011 03:35 PM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a 'sell’ in Punjab National Bank from a short-term trading perspective. The stock faces strong resistance between Rs 1,110 and Rs 1,130. Presence of the 50-day moving average at this zone also adds to the significance of this resistance. The stock is reversing lower from [...]

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