PNB - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.1

🏦 Intraday Trading Analysis for PNB (Punjab National Bank)

📊 Technical & Momentum Overview

Current Price: ₹112 — trading near its 52-week high of ₹116, showing strong bullish momentum.

RSI at 69.0: Approaching overbought territory, indicating strength but also caution for fresh entry.

MACD at 1.10: Positive crossover, supporting continued upward momentum.

Volume: 1.64 Cr vs 1.56 Cr average — above average, confirming strong intraday interest.

📈 Fundamental Snapshot

P/E of 8.54 vs Industry PE of 7.91: Slightly overvalued but still attractive.

Book Value of ₹115: Price is trading close to book, offering value support.

ROE (14.2%) & ROCE (6.30%): Decent profitability for a PSU bank.

Quarterly PAT Drop: ₹4,567 Cr → ₹1,675 Cr — sharp decline, may limit upside.

Institutional Activity: FII down (-0.19%), DII up (+0.39%) — mixed sentiment.

Debt-to-Equity (12.6): High, typical for banks but worth monitoring.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹110–₹112

Entry near current price with tight stop-loss; confirm with RSI holding below 70 and MACD slope rising.

💰 Profit-Taking Levels

Target 1: ₹114 (minor resistance)

Target 2: ₹116 (52-week high)

Aggressive Target: ₹118+ only if RSI crosses 72 and MACD accelerates

🛡️ Stop-Loss

Stop-Loss Level: ₹108

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹116–₹118 and RSI rises above 70 with volume surge, consider booking profits.

Exit on Weakness

If MACD flattens or RSI drops below 66 with price rejection at ₹114, exit partially.

Full exit if price breaks below ₹108 with rising volume.

PNB offers a strong intraday setup today, driven by momentum and volume. Ideal for breakout scalping with disciplined risk control. Let me know if you'd like to track this live or compare with other banking sector leaders.

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