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2021 Punjab National (PNB) technical analysis [forecast] stock price targets

Punjab National technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Punjab National deals in Banks Punjab National option chain analysis

Date Close Open High Low Volume
17 Fri Sep 39.75 42.70 42.75 39.35 1350.78 lakhs
16 Thu Sep 41.80 38.80 41.95 38.50 1906.57 lakhs
15 Wed Sep 38.75 37.95 38.95 37.75 575.66 lakhs
14 Tue Sep 37.80 37.75 38.35 37.65 316.75 lakhs
13 Mon Sep 37.60 37.80 37.80 37.35 212.75 lakhs
PNB chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.9, but if it comes below 38.9, then a intra day sell could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 37.45 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 40.5 as target.

  • Daily Price action analysis of PNB based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of PNB based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of PNB based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Punjab National

Stock is trading at 39.15 as on 20 Mon Sep 11:25

Day open is at 39.50, day high is at 39.50, day low is at 38.85, and day volume is at 3447.36 lakhs so far.

First 15 minute high low range is 38.90 - 39.50

First hour high low range is 38.85 - 39.50

Date Intraday Price Open High Low Volume
20 Mon Sep 11:25 39.15 39.50 39.50 38.85 18481322
20 Mon Sep 11:20 39.25 39.50 39.50 38.85 18043966
20 Mon Sep 11:15 39.25 39.50 39.50 38.85 17906492
20 Mon Sep 11:10 39.30 39.50 39.50 38.85 17494737
20 Mon Sep 11:05 39.20 39.50 39.50 38.85 17333976
Intraday PNB chart

Trend of Punjab National is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Punjab National (PNB) intraday stock price targets

  • EntEntry: 39.2 or 40.3
  • Upside target: 39.5
  • Downside target : 38.3
  • Second Upside target: 41.25
  • Second Downside target : 37.85

Punjab National (PNB) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 39.75 37.80 37.35
42.75
4362.511 lakhs
09 Thu Sep 37.55 38.40 37.15
38.50
1284.175 lakhs
03 Fri Sep 38.05 36.15 36.15
38.55
2192.48 lakhs
27 Fri Aug 36.15 35.70 35.45
36.90
2222.654 lakhs
20 Fri Aug 35.60 37.65 35.30
37.90
1156.05 lakhs
weekly PNB chart

Weekly forecast of Punjab National is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Punjab National based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Weekly Price action analysis of Punjab National based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Punjab National (PNB) Monthly technical analysis

Date Monthly Close Open Range Volume
17 Fri Sep 39.75 36.60 36.55
42.75
6956.887 lakhs
31 Tue Aug 36.65 39.75 35.30
41.50
10409.129 lakhs
30 Fri Jul 39.50 42.40 38.10
42.85
10188.757 lakhs
30 Wed Jun 42.30 42.55 38.90
45.00
32926.734 lakhs
31 Mon May 42.40 34.50 33.75
43.20
44295.472 lakhs
monthly PNB chart

Monthly forecast of Punjab National is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Punjab National based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Monthly Price action analysis of Punjab National based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Punjab National Daily stock price targets

  • Upside daily target: 43.6
  • Upside daily target: 41.25
  • Downside daily target: 38.83
  • Downside daily target: 36.88

Punjab National Weekly stock price targets

  • Upside weekly target: 43.95
  • Upside weekly target: 41.15
  • Downside weekly target: 39.13
  • Downside weekly target: 37.25
  • Downside weekly target: 35.38

Punjab National Monthly stock price targets

  • Upside monthly target: 50.23
  • Upside monthly target: 47.53
  • Upside monthly target: 44.35
  • Upside monthly target: 41.66
  • Downside monthly target: 39.64
  • Downside monthly target: 37.64
  • Downside monthly target: 35.21
  • Downside monthly target: 32.88
  • Downside monthly target: 30.98
  • Downside monthly target: 26.6

Punjab National (PNB) indicators technical analysis

Price action analysis of Punjab National (PNB) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Punjab National stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Punjab National in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Punjab National Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Punjab National in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Punjab National is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.53 and Punjab National PNB stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Punjab National PNB stock. Volume based technical analysis of Punjab National PNB stock is negative.

Punjab National Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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chart PNB