PNB NEWS why is Punjab National Bank price falling or rising

PNB NEWS reasons for why stock price of Punjab National Bank is falling or rising

PNB Punjab National is falling or rising technical reasons

Technical analysis forecast for Punjab National Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Punjab National PNB at this time. Stock is falling and might fall more.

It appears as if Punjab National PNB gave a large move recently.

Stock of Punjab National (PNB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Punjab National is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 110, for a target of 112.5 or 114.62

PNB Punjab National is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-09-09

PNB revises savings account service charges from October 1: Check details PNB is switching the maintenance of average balance from quarterly to a monthly basis - NEWS as on 2024-09-09 business-standard.com

Company Announcement Punjab National Bank has informed the Exchange about outcome of Analyst/Investor Meet - NEWS as on 2024-09-06

Got a PNB Credit Card? Here are discounts, offers for Zomato, Blinkit users Avail a 10% discount of up to Rs 500 on a minimum order value of Rs 2,000. - NEWS as on 2024-09-06 business-standard.com

Company Announcement Punjab National Bank has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-09-05

PNB shares gain 0.53% as Sensex falls On the technical charts, the RSI of the stock stood at 40.98. - NEWS as on 2024-09-05 indiatimes.com

Shares of PNB fall as Nifty drops On the technical charts, the 200-day moving average of the stock stood at Rs 115.32. - NEWS as on 2024-09-04 indiatimes.com

PNB Housing sees growth emerging & affordable spaces: MD Girish Kousgi PNB Housing Finance, backed by Carlyle, aims to grow its affordable loan book to ₹15,000 crore by FY27. Currently, the affordable housing sector contributes ₹2,500 crore. The lender plans to shift focus to high-yielding segments and expects its overall - NEWS as on 2024-09-02 indiatimes.com

Company Announcement Punjab National Bank has informed the Exchange about outcome of Investor Meet - NEWS as on 2024-08-28

Company Announcement Punjab National Bank has informed the Exchange about outcome of Analyst/ Investor meet - NEWS as on 2024-08-28

More announcements and NEWS

PNB Punjab National Bank current price & indicator signals

Moving Averages for Punjab National Bank

  • 5Day Average: 112.31
  • 12Day Average: 114.33
  • 20Day Average: 115.01
  • 50Day Average: 117.27
  • 100Day Average: 122.22
  • 150Day Average: 123.63
  • 200Day Average: 116.59

PNB Indicators & signals

Indicator MACD (12,26,9)

113.64, 115.21, -1.1
Indicator MACD is in negative zone

Indicator ADX (14)

50, 11.48, 34.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PNB Punjab National Bank are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Mon Sep 2024 109.63 107.20 to 110.19 -0.34% 1.47 times
06 Fri Sep 2024 110.00 109.75 to 113.13 -3% 1.58 times
05 Thu Sep 2024 113.40 112.15 to 113.88 0.41% 0.99 times
04 Wed Sep 2024 112.94 112.74 to 114.53 -2.29% 1.42 times
03 Tue Sep 2024 115.59 115.30 to 117.20 -0.8% 0.58 times
02 Mon Sep 2024 116.52 115.62 to 117.49 -0.04% 0.78 times
30 Fri Aug 2024 116.57 115.83 to 117.55 0.9% 1.42 times
29 Thu Aug 2024 115.53 114.50 to 115.89 0% 0.81 times
29 Thu Aug 2024 115.53 114.50 to 115.89 0% 0.81 times
29 Thu Aug 2024 115.53 114.50 to 115.89 0.68% 0.81 times
28 Wed Aug 2024 114.75 114.51 to 116.34 -1.04% 0.8 times
27 Tue Aug 2024 115.96 115.70 to 116.65 -0.17% 0.54 times

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PNB NEWS why is Punjab National Bank price falling or rising

 

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