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MARKET OUTLOOKPNBSTOCK OUTLOOK

PNB Outlook for the Week (August 14, 2023 – August 18, 2023)

PNB closed the previous week on a negative note losing 5.38%.

Technically, PNB share price will see immediate support at 60.52 and immediate resistance would be seen at 63.92.

If PNB share price closes below immediate support of 60.52, then sharp breakdown can be seen. PNB share price will see major support at 58.48 for the week.

On the positive side, immediate resistance will be seen at 63.92. Closing above 63.92, PNB share price will see a sharp breakout. Major resistance for PNB share price will be seen at 65.28 for the week.

Trading range for PNB share price for this week should be between 57.12 on down side and 67.32 on up side.

PNB Previous Week High: 63.25

PNB Previous Week Low: 59.85

PNB Previous Week Range: 3.4 Points

PNB share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 67.32
Resistance 2 65.28
Resistance 1 63.92
Support 1 60.52
Support 2 58.48
Support 3 57.12

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