PNB is a large PSU financial institution. The chart has some interesting aspects. After an upmove, it has shown retracement upto 61.8% level. It is currently trading at narrow range. The result is due in Feb first fortnight. This is a make or break stage for the script. If it shows strength, it can move to is first target of 124, second target of 140 and higher targets upto 180-190. Keep a close watch.
This is not a buy/sell recommendation. This post is only for educational purpose. Kindly consult your financial advisor before investing. Keep strict stoploss and money management rules.