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PUNJAB & SIND BANKPP

PUNJAB & SIND BANK

30.65INRR
+0.17+0.56%
At close at May 23, 10:25 GMT
INR
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PSB trade ideas

PSB BANKPSB (Punjab and Sind Bank) is a public sector bank in India, founded in 1908 and headquartered in New Delhi. It offers a variety of banking products such as savings accounts, loans, and fixed deposits. PSB focuses on serving both individual customers and businesses with financial services like digital banking, remittances, and government schemes. As a government-owned entity, it is committed to financial inclusion and accessibility across India. PSB operates through a network of branches, aiming to provide affordable banking to all segments of society.
NSE:PSBShort
by TheGoldenFarmsofEquity
Punjab & Sind Bank looking solid as a tank. Punjab & Sind Bank Ltd. is engaged in the Business of Deposits, Loans & Advances and Remittances & Collections. Punjab & Sind Bank Ltd CMP is 44.45. The Negative aspect of the company is moderate valuation (P.E. = 25.7). Company's Positive aspects low debt, zero promoter pledge, MFs are increasing stake, improving annual net profit, Improving cash from operations annual. Entry can be taken after closing above 45.50. Targets in the stock will be 47.25 and 50.70. The long-term target in the stock will be 53+. Stop loss in the stock should be maintained at Closing below 38. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NLong
by Happy_Candles_Investment
11 Years Trendline Breakout. Ready For Blast.PSB gives trendline breakout after 11 years and also increasing volume on daily timeframe. just look at chart analysis of Nifty Psu Bank. chart also give breakout and all Psu banks showing strength. stock have potential to give 50%-60% return in upcoming days. please remember when i say 50% -60% then it will take time. hold atleast for 12-15 months if you have desire of 50% - 60%. current price = 41.90 1st Target = 50 2nd Target = 57 3rd Target = 70 Stop Loss = 38 (closing basis). NSE:PSB
NLong
by The_Breakout
140 % upside potential in Punjab and Sind BankCurrently price is ranging around important key level. Multiple patterns are forming on this chart such as triangle, pole & flag and a big cup with handle. The huge volume activity since November 2022 till now indicates more towards its upside potential. Only 1.75 % of the shareholding is with DII & Public, remaining 98.25 % is retained by the promoters. Today price closed just above the yellow trendline resistance with huge volume. Good to buy at CMP with Stop Loss at 30.70 for the following targets Short term swing target of 50+ (50% ROI with 1:6.4 R:R) Long term positional target of 80+ (140 % ROI with 1:18 R:R) Reason to trade is turn around is happening as the fundamentals are improving since FY '22. Do your own due diligence before taking any action. Peace!!
NLong
by Swastik24
Punjab and Sindh Bank looking for good moveNSE:PSB seems good for a positional trade with provided entry, exit and stop level. It looks like has ended down tend on daily basis and has started new up trend on daily basis. Formed a good support level. On weekly scale it has already crossed 50 WMA over 200 WMA, that gives strength for the stock. Let's see what happens next. Disclaimer: My ideas are not for recommendation purpose. I am just sharing my ideas to share with community.
NLong
by sharmagkp