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Technical Breakouts Put PNB Housing, IIFL Finance on Traders’ Radar
PNB Housing Finance and IIFL Finance show strong technical breakouts with volume support, positioning both stocks for potential near-term gains despite muted broader markets.
Market experts have identified and as key trading opportunities as Nifty trades in a narrow range amid holiday thinned volumes. According to Siddhartha Khemka of , recent market softness reflects profit booking rather than a structural weakness. PNB Housing has witnessed a consolidation breakout backed by strong volumes, trading above all major EMAs with RSI near 65, signalling bullish momentum.