PNC INFRATECH LTD.
Long

Channel BO

120
PNC Infra is a good company with good fundamentals..today it broke out of the channel it was moving in and almost reached its 52 week high...there are 2 possibilities here -
1. It will keep up the momentum and cross 312 ( less likely, but you never know with the market)
2. It will pull back, and then continue moving up. ( this WOULD BE ideal)
Of course there are other possibilities too, but i am optimistic. these are scenarios and ideas, not advice or recommendations.

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