PNB Outlook for the Week (November 18, 2024 – November 22, 2024)
Punjab National Bank closed the previous week on a negative note losing -3.98%.
Technically, Punjab National Bank share price will see immediate support at 97.08 and immediate resistance would be seen at 104.12.
If Punjab National Bank share price closes below immediate support of 97.08, then sharp breakdown can be seen. Punjab National Bank share price will see major support at 94.67 for the week.
On the positive side, immediate resistance will be seen at 104.12. Closing above 104.12, Punjab National Bank share price will see a sharp breakout. Major resistance for Punjab National Bank share price will be seen at 108.75 for the week.
Trading range for Punjab National Bank share price for this week should be between 90.04 on down side and 111.16 on up side.
Punjab National Bank Previous Week Open: 103.61
Punjab National Bank Previous Week High: 106.34
Punjab National Bank Previous Week Low: 99.3
Punjab National Bank Previous Week Close: 99.49
Punjab National Bank Previous Week Range: 7.04 Points
Punjab National Bank share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 111.16 |
| Resistance 2 | 108.75 |
| Resistance 1 | 104.12 |
| Support 1 | 97.08 |
| Support 2 | 94.67 |
| Support 3 | 90.04 |
