Punjab National Bank

NSE: PNB | BSE: 532461 | ISIN: INE160A01022 | Industry: Banks
| Falling Comet
107.2400 -1.87 (-1.71%)
NSE May 08, 2026 15:31 PM
Volume: 26.8M
 

107.24
-1.71%
IDBI Capital
Punjab National Bank has confirmed a breakout from a well-defined rounding bottom pattern on the weekly timeframe, signaling a potential medium-term trend reversal. After a prolonged phase of base formation and gradual accumulation, the stock has decisively moved above the key neckline resistance zone around 133134, supported by steady volumes. This pattern typically reflects a shift from distribution to accumulation, indicating improving market sentiment and...
Motilal Oswal decreased Buy price target of Punjab National Bank to 135.0 on 05 May, 2026.
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