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 of Punjab National Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Punjab National PNB at this time. Stock is rising and might rise more.

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

Stock of Punjab National (PNB) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Punjab National is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Punjab National stays above 135.1, but if it comes below 135.1, then a intra day sell could be more profitable.
If you take a sell trade below 135.1, then use 135.1 as stoploss and 130.72 as target. However if you take a buy trade in Punjab National, then use 135.1 as stoploss and 140.3 as target.

PNB Punjab National is falling or rising NEWS fundamental reasons

Bankruptcy court admits Punjab National Bank’s insolvency resolution plea against Arshiya Punjab National Bank's CIRP plea against Arshiya Ltd has been approved by Mumbai NCLT, with Nitin Vishwanath Panchal being appointed as RP. Officers have been asked to provide findings within a week. - NEWS as on 2024-04-24 indiatimes.com

Company Announcement - NEWS as on 2024-04-23

Company Announcement Punjab National Bank has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-04-22

Company Announcement Punjab National Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-08

Company Announcement Punjab National Bank has informed the Exchange regarding 'Intimation under SEBI (Listing Obligations and Disclosure Requirements) - NEWS as on 2024-04-08

Company Announcement Punjab National Bank has informed the Exchange regarding 'Change in Senior Management of the Bank -Brief Profile'. - NEWS as on 2024-04-05

More announcements and NEWS

PNB Punjab National Bank current price & indicator signals

Moving Averages for Punjab National Bank

  • 5Day Average: 132.62
  • 12Day Average: 132.55
  • 20Day Average: 131.04
  • 50Day Average: 127.06
  • 100Day Average: 112.64
  • 150Day Average: 100.49
  • 200Day Average: 91.13

PNB Indicators & signals

Indicator MACD (12,26,9)

132.11, 129.69, 2.44
Indicator MACD is in positive zone

Indicator ADX (14)

18.66, 30.17, 20.68
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
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
25 Thu Apr 2024 135.90 132.55 to 137.00 2.18% 1.63 times
24 Wed Apr 2024 133.00 132.15 to 133.70 0.11% 0.51 times
23 Tue Apr 2024 132.85 132.50 to 135.00 -0.19% 0.78 times
22 Mon Apr 2024 133.10 129.85 to 133.90 3.78% 1.03 times
19 Fri Apr 2024 128.25 125.25 to 129.35 -1% 0.98 times
18 Thu Apr 2024 129.55 128.80 to 132.40 0.78% 1.02 times
16 Tue Apr 2024 128.55 128.20 to 132.50 -3.24% 1.24 times
15 Mon Apr 2024 132.85 129.25 to 135.35 -1.48% 1.26 times
12 Fri Apr 2024 134.85 134.60 to 138.30 -1.06% 1.12 times
10 Wed Apr 2024 136.30 132.35 to 136.90 2.87% 1.34 times
09 Tue Apr 2024 132.50 131.25 to 134.75 -0.3% 0.71 times
08 Mon Apr 2024 132.90 132.50 to 136.80 -2.67% 1.15 times

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PNB NEWS why is Punjab National Bank price falling or rising

 

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