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MARKET OUTLOOKPNBSTOCK OUTLOOK

PNB Outlook for the Week (May 13, 2024 – May 17, 2024)

PNB
PNB
PNB closed the previous week on a negative note losing 11.98%.

Technically, PNB share price will see immediate support at 117.30 and immediate resistance would be seen at 133.70.

If PNB share price closes below immediate support of 117.30, then sharp breakdown can be seen. PNB share price will see major support at 110.70 for the week.

On the positive side, immediate resistance will be seen at 133.70. Closing above 133.70, PNB share price will see a sharp breakout. Major resistance for PNB share price will be seen at 143.50 for the week.

Trading range for PNB share price for this week should be between 100.90 on down side and 150.10 on up side.

PNB Previous Week High: 136.9

PNB Previous Week Low: 120.5

PNB Previous Week Range: 16.4 Points

PNB share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 150.10
Resistance 2 143.50
Resistance 1 133.70
Support 1 117.30
Support 2 110.70
Support 3 100.90
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