109.5900 -1.55 (-1.39%)
NSE Apr 09, 2026 15:31 PM
Volume: 21.4M
 

109.59
-1.39%
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...
Punjab National Bank has an average target of 144.75 from 4 brokers.
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