PNB Housing Finance appears to be in a strong bullish phase, with the potential to continue higher if it breaks the ₹1,040 resistance level. However, if the price retraces, the ₹960 level could act as a key support.
Strong stock from strong sector Good Price Volume Structure Above 180 with good volumes will take it to new highs
Super price and volume action Good Structure Good Fundamentals Portfolio stock
Excellent Fundamental Rising Price and good supporting Volume action Good support at 21 EMA Price structure is 👍 If crosses above 170 on heavy volumes may continue 230. Do risk management before taking entry.
1. **Fundamental Data:** - **EPS (Earnings Per Share):** - Jun-24: ₹4 (+136% YoY) - Mar-24: ₹1.9 (+59% YoY) - Dec-23: ₹3.3 (+84% YoY) - Sep-23: ₹3.9 (+150% YoY) - Jun-23: ₹1.7 (+121% YoY) - **Sales (in Crores):** - Jun-24: ₹128.4 (+58% YoY) - Mar-24: ₹121.7 (+39% YoY) - Dec-23: ₹115.4 (+104% YoY) - Sep-23: ₹114...
Resistance Levels: The stock faces long-term resistance around ₹1600, a level it has tested multiple times in the past year. Breaking above this could indicate strong bullish momentum. Support Levels: Key support lies around ₹1088/1200, where the stock has consistently found buying interest, preventing further downside. Recent Volume: There's been a significant...
Strong chart Uptrend Riding on good fundamentals Likely trend continuation ..
Good Fundamentals Good Volume build up Prior up trend Strong sector Strong stock Good support near 21EMA
Good Results Strong sector Volumes U/D high Expected good risk to reward ratio
Good Structure Constructive base formation Few recent big selling candles above which very attractive
Results 🚀 Breakout on good volumes Good risk to reward
Solid Fundamentals Good breakout from rising channel Long term portfolio stock
Strong Stock improving Sector strength Likely to lead IT space. Above All KEY MA. Vol awaited
Chart is self explanatory Target is based on the base width Stop loss & entry are marked Share breakout after good consolidation Volumes are also increasing, likely candidate of potential reversal now. Disclaimer:- My entries may result is financial loss to you, I have a risk management plan for every trade, placed a proper SL. Not a buy/Sell recommendation.
Keep this is your watch list Gap up today with descent volumes Above key moving averages weak below 670 stoploss 685 entry current levels +-5%
Fueld by good results Above key moving averages Expected a rally of 20% For educational purposes keep strict sroploss
Above key moving averages Good Fundamentals Relatively stronger stock Gaining strength 💪 Volumes missing otherwise 🚀
Good upmove expected above all key moving averages