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PNB Share Price Discussion

Punjab National Bank
Sector: Banks
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PNB Share Price *
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PNB - chart - 382167
PNB (view only)
- Clear Down trend Channel on Daily chart
- Last Swing High near Range Resistance 68 & Price Rejected
- 50DMA on Daily chart become Resistance to cross
- Possible to test Monthly Support Level near 60-58
- Break down below 58 may lead more pain towards 52-46 Levels
OI Data: Support 60
Disclaimer: All the View/Study Given from Arrowmoney are only for Educational study purpose. Consult your financial adviser before making any investment decision.
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Recent posts in PNB

Prabhudas Lilladher Recommendation on PNB
Date: 06-Nov-19 Broker: Prabhudas Lilladher Price @ Call: 64.16 Target: 57 Recommendation: REDUCE
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SELL PNB CMP 63-65 STOP LOSS 71 TARGET SELL CASH & FUTU BOTH #pnb
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SELL PNB CMP 63-65 STOP LOSS 71 TARGET SELL CASH & FUTU BOTH
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PNB - 426416

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*PNB Q2FY20* Slippages came at Rs. 7460 Cr vs QoQ Rs. 5412 Cr with slippage ratio of 6.97% vs QoQ 5.13%
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*Punjab National Bank -S* | *CMP* Rs. 68 | *M Cap* Rs. 31446 Cr | *52 W H/L* 100/56
(Nirmal Bang Retail Research)
*Result is below expectations*
*Slippages figure awaited*
Net Interest Income came at Rs. 4263.8 Cr vs expectation of Rs. 4223.2 Cr, YoY Rs. 3974.1 Cr, QoQ Rs. 4141.4...
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