PNB - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.1

🏦 PNB is showing strong momentum and valuation comfort, making it a favorable candidate for intraday trading.

📈 Positive

• 📊 MACD at 2.96 and RSI at 68.3 indicate strong bullish momentum nearing breakout territory.
• 📈 Price is trading above DMA 50 (₹114) and DMA 200 (₹108), confirming trend strength.
• 💰 P/E of 9.05 vs. Industry P/E of 8.08 suggests fair valuation with upside potential.
• 📈 Quarterly PAT up 14% to ₹4,904 Cr. shows consistent earnings growth.
• 📈 FII and DII holdings increased by 0.15% and 0.48% respectively, reflecting institutional confidence.

⚠️ Limitation

• 📉 Volume of 1.49 Cr. is below 1-week average of 2.42 Cr., indicating slightly reduced intraday participation.
• 📉 RSI nearing 70 may signal overbought conditions and potential short-term resistance.
• 📉 Debt-to-equity ratio of 12.5 reflects high leverage, typical of PSU banks.

🚫 Company Negative News

• 📉 High leverage and sectoral exposure may limit upside in volatile sessions.

✅ Company Positive News

• 🏦 Strong earnings and improving asset quality support investor sentiment.
• 📢 Government recapitalization and credit expansion trends favor PSU banking sector performance.

🏭 Industry

• 💳 Industry P/E of 8.08 reflects conservative valuation across the banking sector.
• 📈 Sector supported by rising credit demand, improving NPAs, and digital banking initiatives.

📌 Conclusion

• ✅ PNB is a strong intraday candidate with bullish momentum and valuation comfort.
• 💡 Consider buying near ₹121–₹123 with target at ₹126–₹128 and stop-loss at ₹119.
• 📤 If already holding, exit if price crosses ₹127 with volume > 2.5 Cr. or RSI > 72.

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