pnb

Punjab National Bank – Breakout Watch

Important Levels: Support: 122 – 118 Resistance: 135 – 142 Structure: Strong base formation after consolidation Business: One of India's largest public sector banks Beneficiary of improving credit demand and banking sector strength Focused on retail, MSME and corporate lending Earnings: Reported 11.7% growth in domestic advances, indicating healthy credit expansion. Verdict: 👉 PSU banking leader with improving fundamentals 👉 Watch for breakout confirmation