PNB - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Swing Trade Analysis: Punjab National Bank (PNB)

Swing Trade Rating: 3.6

🔍 Technical & Market Momentum

RSI at 49.1 — borderline neutral; could tilt bullish if buying volume strengthens.

MACD at 0.33 — marginally positive, suggesting potential shift toward upside.

Current price (₹109) is above both DMA 50 (₹108) and DMA 200 (₹104) — mild bullish confirmation.

Volume slightly below 1-week average — signals watchful accumulation, not breakout fervor.

💰 Fundamental Snapshot

Strong Earnings

Qtrly PAT has improved (₹4,989 Cr. vs ₹4,801 Cr.) — healthy earnings uptick.

EPS ₹16.1 and P/E of 6.80 — undervalued compared to industry PE of 7.49.

PEG Ratio of 0.10 — extremely attractive for growth vs price.

Moderate Profitability Metrics

ROE at 15.2% is decent, though ROCE at 6.32% is relatively modest for banking.

Dividend Yield of 2.65% adds passive income appeal.

Risk Watch

Debt-to-equity at 12.6 — expected for a PSU bank, but worth noting.

Slight reduction in FII holdings offsets marginal DII increase — mixed institutional confidence.

🎯 Optimal Entry Price

₹106–₹108

Entry close to DMA support with tighter risk.

Confirm if RSI climbs above 50 and MACD accelerates.

🧭 Exit Strategy (If Already Holding)

Target Range: ₹118–₹122

Logical profit booking zone before testing resistance near the 52-week high.

Stop-Loss: ₹104

Below the 200 DMA — protects against deeper pullback.

💡 Final Take

PNB is quietly staging a potential swing setup with solid earnings and attractive valuation. It's not explosive, but could deliver a steady swing if broader sentiment holds. Want to compare this with other public sector banks or scan for stronger trend setups? I’m always ready to dive deeper into the charts with you. 📈💬

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