PNB - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | PNB | Market Cap | 1,42,305 Cr. | Current Price | 124 ₹ | High / Low | 135 ₹ |
| Stock P/E | 8.76 | Book Value | 124 ₹ | Dividend Yield | 2.34 % | ROCE | 6.30 % |
| ROE | 14.2 % | Face Value | 2.00 ₹ | DMA 50 | 123 ₹ | DMA 200 | 115 ₹ |
| Chg in FII Hold | 0.26 % | Chg in DII Hold | 0.55 % | PAT Qtr | 5,100 Cr. | PAT Prev Qtr | 4,904 Cr. |
| RSI | 50.4 | MACD | 0.14 | Volume | 1,69,03,500 | Avg Vol 1Wk | 1,95,03,300 |
| Low price | 85.5 ₹ | High price | 135 ₹ | PEG Ratio | 0.13 | Debt to equity | 12.3 |
| 52w Index | 77.3 % | Qtr Profit Var | 13.1 % | EPS | 14.1 ₹ | Industry PE | 7.79 |
📊 Analysis: PNB shows moderate strength for intraday trading. Current price (₹124) is slightly above 50 DMA (₹123) and well above 200 DMA (₹115), reflecting short-term bullish bias. RSI at 50.4 indicates neutral momentum, while MACD (0.14) is mildly positive, suggesting limited upside. Volume is strong but slightly below weekly average, ensuring liquidity. Fundamentals are fair with ROE (14.2%) and attractive dividend yield (2.34%), though high debt-to-equity (12.3) remains a concern.
💹 Optimal Buy Price: Around ₹122–₹124 (near support zone close to 50 DMA).
🎯 Profit-Taking Exit Levels: ₹128–₹130 (short-term resistance zone).
🛡️ Stop-Loss / Loss Protection: ₹120 (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹123 or RSI drops below 48 intraday. If momentum strengthens with volume, partial profit booking near ₹128–₹130 is advisable.
Positive
- Low P/E (8.76) compared to industry average (7.79), showing fair valuation.
- Dividend yield of 2.34% supports investor confidence.
- ROE of 14.2% reflects decent shareholder returns.
- Quarterly PAT growth (₹4,904 Cr → ₹5,100 Cr) indicates earnings improvement.
- FII (+0.26%) and DII (+0.55%) holdings increased, showing institutional support.
Limitation
- High debt-to-equity ratio (12.3) raises financial risk.
- ROCE (6.30%) is modest compared to peers.
- Volume slightly below weekly average, limiting intraday momentum strength.
Company Negative News
- High leverage (Debt-to-equity 12.3) remains a structural concern.
Company Positive News
- Quarterly PAT improved sequentially (+13.1%).
- Institutional buying support from both FII and DII.
Industry
- Industry P/E at 7.79, close to PNB’s P/E (8.76), showing fair valuation alignment.
- Banking sector outlook stable with improving profitability trends.
Conclusion
⚡ PNB is a moderately strong candidate for intraday trading today. Technicals show neutral-to-bullish bias with price above DMA levels and mild positive MACD. Fundamentals are fair, supported by institutional buying and dividend yield, though high debt remains a limitation. Optimal strategy: Buy near ₹122–₹124, book profits around ₹128–₹130, and protect downside with stop-loss at ₹120.
Would you like me to also prepare a peer benchmarking overlay comparing PNB with other PSU banks like SBI and Bank of Baroda, so you can evaluate relative intraday strength within the sector?