PNB - Stock Investment Idea Weekly Pick | 15-Sep-2026

16 Sep 2026

Swing Trading - Growth Stocks

PNB - Stock Investment Idea Weekly Pick | 15-Sep-2026

PNB’s technical setup shows a potential bullish continuation pattern after finding support in the ₹105–110 zone. The supplied analysis highlights a higher-high and higher-low structure, anchored VWAP support, sustained RSI and a bullish weekly MACD crossover. These signals indicate improving momentum, subject to breakout confirmation.

Expert recommendation by Mr. Ketan Kaushik - Derivative Analyst (NISM - 202200162803)

Current Price: 116.75
Buying Price: 113-118
Target Price: 130-140
Stop loss: 105
Upside: Upto 20%
Time Frame: 3-4 months

Stock Technical Analysis

The stock witnessed a sharp upward move from the 85.50 level, reaching a swing high of 135 in January 2026. Following this peak, the stock underwent a 61.8% Fibonacci retracement and established support in the 105–110 zone.
The stock has taken support at a long-term trendline that aligns with its anchored volume weighted average price (AVWAP). Furthermore, it has formed a higher-high and higher-low structure, indicating bullish price action.
The stock has been consolidating for the past few weeks and is on the verge of a breakout from a pole and flag chart pattern. It is also accumulating above its POC (Point of Control) support zone, which reflects strong buying interest.
The momentum indicator RSI has sustained the 50 level on both the daily and weekly charts. Additionally, the MACD has generated a bullish crossover and sustained above the zero line on the weekly timeframe, indicating that upside momentum is likely to continue in the coming days.

Traders can look to accumulate PNB in the 113–118 zone, targeting an upside of 130–140 over the next 3–4 months. A stop loss should be placed below 105 on a closing basis.

PNB Stock Pick of the Week Technical Chart Analysis 15-Sep-2026 Swing Trading Opportunity

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Know more about Punjab National Bank Ltd.

Website: https://www.pnbindia.in/home.html

Punjab National Bank (PNB) is a public-sector Indian banking institution offering retail, corporate, agricultural and government banking services. This analysis focuses on the stock’s technical price action.

Punjab National Bank Ltd Stock Analysis Swing Trading – Key Investor FAQs

What is the current price of PNB?

The current price provided in the analysis is ₹116.75.

What is the suggested buying zone for PNB?

The supplied technical analysis identifies ₹113–118 as the potential buying or accumulation zone.

What are the stated targets for PNB?

The analysis identifies ₹130–140 as the target range over an indicated period of approximately three to four months. These are technical projections and are not guaranteed returns.

What is the stop loss for the PNB trade setup?

The stated stop loss is below ₹105 on a closing basis. Traders should consider their own risk tolerance, position size and market conditions.

What technical indicators support the PNB setup?

The setup is supported by trendline and anchored VWAP support, a higher-high and higher-low structure, RSI sustaining the 50 level, and a bullish weekly MACD crossover above the zero line.

What chart pattern has PNB formed?

The supplied analysis describes a potential pole-and-flag pattern, with the stock consolidating near a possible breakout zone. Breakout confirmation remains important before drawing conclusions.

What are the key risks in this PNB technical setup?

Potential risks include a failed breakout, loss of support near ₹105–110, weakening momentum, broader market volatility and unexpected changes in trading volume or price structure.

Is this PNB analysis investment advice?

No. This is an educational summary of the supplied technical analysis. The price levels and trading scenario are not personalised investment advice or a guarantee of performance. Investors should conduct independent research and consult a SEBI-registered investment adviser where appropriate.

Before You Trade, Strengthen Your Foundations with These Guides

For a stronger understanding of indicators such as RSI, VWAP, and trendlines, check our 👉 Technical Analysis Fundamentals section.
Want to refine your risk-reward planning? Explore our insights on 👉 Position Sizing & Risk Management Strategies.
Learn about Momentum Trading vs Swing Trading in India here

Disclaimer: - Investments in securities market are subject to market risk, read all the related document carefully before investing. https://www.mnclgroup.com/research-disclaimer

Sr.no	Particulars	Remarks
1	Name Of Compliance Officer	Nikhil Bhupendrakumar Parikh
2	Educational qualification	BSc hons (Phy) , CNE , CNA , MBA
3	Past Experience	16 Years before joining Monarch on 06/04/2017
4	Certification (NISM-Series-III A)	Provided
5	Date of Expiry of Certificate	10-04-2029
6	Date of Renewal of Certificate	28-02-2026
7	Half-yearly trainings Provided or Not	Yes
8	Date of Appointment	15-05-2017
9	Approval from BOD/Partners for Appointment	28-04-2017
10	Last date of previous compliance officer	14-05-2017
11	Duration for which office was vacant	None
12	Intimation of change to Exchange Sent or not	Yes
13	List of Allotted Trading Terminals - For Compliance Officer & its Team	None