Stock analysis Punjab & Sind Bank PSB
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Recent prices of PSB Punjab & Sind Bank are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Wed Oct 2024 | 52.31 | 52.20 to 53.30 | 0.5% | 0.65 times |
| 08 Tue Oct 2024 | 52.05 | 50.69 to 52.30 | 2.14% | 0.6 times |
| 07 Mon Oct 2024 | 50.96 | 50.30 to 53.57 | -3.74% | 1.09 times |
| 04 Fri Oct 2024 | 52.94 | 52.60 to 54.18 | -1.3% | 0.94 times |
| 03 Thu Oct 2024 | 53.64 | 53.50 to 54.40 | -2.06% | 0.87 times |
| 01 Tue Oct 2024 | 54.77 | 54.52 to 55.63 | -0.81% | 0.78 times |
| 30 Mon Sep 2024 | 55.22 | 54.99 to 56.29 | -1.3% | 0.84 times |
| 27 Fri Sep 2024 | 55.95 | 55.62 to 57.11 | 0.18% | 1.06 times |
| 26 Thu Sep 2024 | 55.85 | 55.05 to 57.85 | 0.22% | 1.48 times |
| 25 Wed Sep 2024 | 55.73 | 55.26 to 56.10 | -0.27% | 0.6 times |
| 24 Tue Sep 2024 | 55.88 | 55.49 to 57.90 | -2.53% | 1.75 times |
| 23 Mon Sep 2024 | 57.33 | 54.51 to 57.94 | 5.54% | 2.79 times |
Technical analysis forecast for Punjab & Sind Bank Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Punjab & Sind Bank PSB at this time. Stock is falling and might fall more.
It appears as if Punjab & Sind Bank PSB gave a large move recently.
Stock of Punjab & Sind Bank (PSB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Punjab & Sind Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Punjab & Sind Bank stays below 53.1, but if it comes above 53.1, then a intra day buy could be more profitable.
If you take a sell trade below 53.1, then use 53.1 as stoploss and 51.1 as target. However if you take a buy trade in Punjab & Sind Bank, then use 53.1 as stoploss and 54.72 as target.