बढ़ती ताकत और भरोसे का नाम, Punjab National Bank – हर कदम पर आपका साथी। सरलता, सेवा और विश्वास के साथ, पंजाब नेशनल बैंक आपके सपनों की उड़ान।

Technical Analysis

PNB has shown strong buying interest recently, recovering from a base near ₹85-90 and making higher bottoms on daily and weekly charts. It is trading near a new 52-week high of ₹124.95 with bullish momentum backed by MACD and RSI nearing breakout levels above 60. Key support lies in the ₹110-118 range, with upside targets between ₹130-145 in 8-10 weeks. The stock’s position above all major moving averages (5, 20, 50, 100, 200-day) indicates sustained positive momentum and investor confidence. Indicators show potential consolidation before further gains. Reasons for Buy Interest Continuous strong quarterly performance and improving asset quality. Positive market sentiment on PSU banks and robust domestic credit growth. Reduction in NPAs and effective management of bad loan recoveries. Technical breakout triggering momentum buying by traders. Broader market rally and PNB outperformance relative to peers. Positive News & Impact New 52-week high on Nov 16, 2025; strong relative strength versus sector peers. Successful mega retail outreach programs enhancing brand and customer connect. Robust bad loan recovery expected in coming quarters, improving profitability outlook. Strong network of 10,000+ branches supporting broad-based growth. Impact: These have improved investor confidence and attracted buying from institutional and retail participants alike. Important News & Events Q2 FY26 results highlighted significant profit growth and asset quality improvement. RBI’s credit loss rules beginning to influence banking sector fundamentals. Ongoing recovery efforts on bad loans improving balance sheet health. Recruitment drive for 750 Local Bank Officers to strengthen operational capabilities (Nov 2025). Mega retail outreach events enhancing customer engagement (Nov 14, 2025).