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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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

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 79.7, but if it comes below 79.7, then a intra day sell could be more profitable.
If you take a sell trade below 79.7, then use 79.7 as stoploss and 74.11 as target. However if you take a buy trade in Punjab National, then use 79.7 as stoploss and 86.4 as target.

PNB Punjab National is falling or rising NEWS fundamental reasons

PNB Housing, KPIT Technologies among 10 stocks with RSI trending up On September 28, Thursday, StockEdge reported that 18 stocks were trending up, signaling a potential bullish wave. ETMarkets spotlights 10 of these stocks and explains the significance of RSI in stock analysis. - NEWS as on 2023-09-29 indiatimes.com

Tata Investment, PNB among 10 overbought stocks with RSI above 70 On September 26, Tuesday, more than 20 stocks entered the overbought zone, indicating potential price corrections. ETMarkets has selected 10 stocks from this list that are currently trading in the overbought zone. - NEWS as on 2023-09-27 indiatimes.com

Canara, PNB, Nabard hit bond Street; raise Rs 8,000 cr Canara Bank raised ₹5,000 crore through the issuance of 10-year infrastructure bonds at a coupon rate of 7.54%, sources said. The state-owned lender had announced a bond sale with a base size of ₹1,000 crore and a greenshoe of ₹4,000 crore. - NEWS as on 2023-09-27 indiatimes.com

REC partners with PNB to finance projects in logistics, power, infra The two entities will jointly finance loans worth Rs 55,000 crore, REC said in a statement. - NEWS as on 2023-09-26 business-standard.com

REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors "REC Limited signed an MoU with Punjab National Bank (PNB) on Tuesday to jointly explore the possibility to fund the Power Sector and Infrastructure and Logistics Sector projects under the consortium arrangement. REC and PNB will associate with each other - NEWS as on 2023-09-26 indiatimes.com

PNB Gilts stock hits 20% upper circuit amid heavy volumes on bond inclusion boost On September 22, around three crore shares exchanged hands at both the exchanges versus one-month average of seven lakh shares, showed data - NEWS as on 2023-09-22 moneycontrol.com

Company Announcement Punjab National Bank has informed the Exchange about Copy of Newspaper Publication List of Valid Nominations for Election of One Shareholder Director - NEWS as on 2023-09-15

Company Announcement Punjab National Bank has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-09-14

Company Announcement Punjab National Bank has informed the Exchange about Credit Rating - NEWS as on 2023-09-13

Company Announcement Punjab National Bank has informed the Exchange about Outcome of meeting - NEWS as on 2023-09-08

Company Announcement Punjab National Bank has informed the Exchange about outcome of meet - NEWS as on 2023-09-07

Company Announcement Punjab National Bank has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on September 27, 2023 - NEWS as on 2023-08-31

More announcements and NEWS

PNB Punjab National Bank current price & indicator signals

Moving Averages for Punjab National Bank

  • 5Day Average: 80.18
  • 12Day Average: 77.26
  • 20Day Average: 73.12
  • 50Day Average: 66.47
  • 100Day Average: 59.81
  • 150Day Average: 56.15
  • 200Day Average: 55.72

PNB Indicators & signals

Indicator MACD (12,26,9)

76.91, 72.47, 3.9
Indicator MACD is in positive zone

Indicator ADX (14)

70, 32.69, 5.77
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
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
29 Fri Sep 2023 80.20 79.50 to 81.00 0.69% 0.45 times
28 Thu Sep 2023 79.65 79.20 to 82.65 -2.27% 1.38 times
27 Wed Sep 2023 81.50 79.50 to 81.90 2.71% 0.78 times
26 Tue Sep 2023 79.35 79.05 to 81.35 -1.06% 0.73 times
25 Mon Sep 2023 80.20 76.55 to 80.55 3.48% 1.19 times
22 Fri Sep 2023 77.50 75.05 to 77.75 3.33% 0.87 times
21 Thu Sep 2023 75.00 74.55 to 78.30 -1.9% 0.74 times
20 Wed Sep 2023 76.45 75.30 to 77.70 -0.59% 0.78 times
18 Mon Sep 2023 76.90 73.80 to 79.05 3.71% 1.77 times
15 Fri Sep 2023 74.15 72.90 to 74.85 0.61% 0.77 times
14 Thu Sep 2023 73.70 71.85 to 74.20 1.59% 0.99 times
13 Wed Sep 2023 72.55 66.30 to 73.10 8.53% 1.77 times

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