PNBHOUSING -Cup and Handle -BO with Volume- Wkly

PNBHOUSING

Name - PNBHOUSING
Pattern - Cup and Handle
Timeframe - Wkly
Status - Breakout with volume
Cmp - 977
Target - 1711
SL - 916 or breakout Candle low -850

Pattern: Cup and Handle

The Cup and Handle pattern is a bullish continuation pattern

Fundamentals: Good

Here are some key fundamental ratios and metrics for PNB Housing Finance Ltd.:

Market Cap: ₹22,426 Cr
Current Price: ₹724.00
Price-to-Earnings (P/E) Ratio: 14.12
Price-to-Book (P/B) Ratio: 1.58
Return on Equity (ROE): 11.19%
Net Profit Margin: 18.49%
Debt-to-Equity Ratio: 3.44
PNB Housing Finance has shown a solid ROE and net profit margin, but its high debt-to-equity ratio indicates a significant level of leverage.
Cup And HandlecupandhandlepatternPNBHOUSING

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