Punjab National Bank
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PNB Technical Analysis Simple Breakdown

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🔍 PNB

✅ Daily Chart:
PNB took support at the 200-day MA, forming a strong bullish candle — clear sign of buyer strength at a key level.

✅ Weekly Chart:
The stock closed above the 50-week MA, indicating momentum building on a higher timeframe.

🧱 Resistance Zone Ahead – ₹107.20 to ₹112:
Price is nearing a supply zone. Sustaining above ₹107.40 with volume would indicate strength and continuation.

📌 What to Watch:
🔼 Buy Trigger:
Only consider a potential move if price sustains above ₹107.40 with strong momentum and volume confirmation.

💡 Conclusion:
PNB is showing strength with a bullish structure — holding 200 MA on daily and crossing 50 MA on weekly. Focus remains on price action near ₹107.40 for further movement.

📊 Refer to the zones marked in the above chart for better clarity.

⚠️ Disclaimer: This is purely for educational purposes. Not financial advice. Please consult your advisor before making any trading decisions.
トレード終了: 利益確定目標に到達

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