PNB Housing stock analysis

Fibonacci Retracement suggests that if it cross the 241 Rs Mark by the next week, we will see a bull run till 300 mark because that's the 38.2% mark upto which it is gonna rise. The 241 is gonna behave like a support for the bull run with the resistance of 300/310. I'm a beginner in technical analysis so please correct me if I'm wrong somewhere
Chart PatternsTechnical Indicators

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