<ul data-eligibleForWebStory="true"><li>PNB is showing notable support around the 21-day moving average at ₹105, indicating a base between ₹103 and ₹105.</li><li>Traders are advised to consider buying the 110-strike call option of June expiry, with a target price of ₹112.</li><li>The maximum loss for this trade would be ₹8,000 if the stock fails to surpass ₹110 on expiry, with a break-even price of ₹111.</li><li>If the stock reaches ₹112, the premium of the 110-strike call option could increase to ₹2.80, which can be the target.</li><li>Traders with a higher risk appetite can opt for buying PNB June futures at ₹106, with a target and stop-loss at ₹112 and ₹103 respectively.</li><li>The recommendations are based on technical analysis and F&O positions, with a reminder of the risk involved in trading.</li></ul>

F&O Strategy: Buy PNB call option

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