![]() We recommend traders and investors to hold this stock for the target of Rs 486 where the stop-loss must be Rs 410 strictly on the closing basis. The RSI (relative strength index) for the stock has remained consistently above the 50 mark on both the daily and weekly charts, reflecting a sustained increase in momentum behind its price movements. This development indicates a positive shift in the stock's momentum and could signal an upward movement in its price. This level has been holding steady since June 2022, with the stock's prices consistently staying in close proximity to it.Ī Golden Cross has occurred between the 50 and 200-day EMA for the stock, suggesting the start of a bullish trend. Glenmark's stock experienced a rebound to the positive direction, as it found support at a significant level of Rs 370. ![]() Here's what Vidnyan Sawant of GEPL Capital recommends investors should do with these stocks when the market resumes trading today: ![]() Also it has decisively broken lower threshold of channel. Triveni Engineering and Industries also formed big bearish candle on the daily scale with widening of Bollinger band on the lower as well as upper side with Monday's fall. PNB PNB 01 2 3 4 5 6 7 8 901234 5 6 7 8 9.01234 5 6 7 8 9012 3 4 5 6 7 8 9 +0.70 (+1.49) The current prices are delayed. Further it has decisively fallen below 200-day EMA (Rs 481) as well, though trading volume was slightly below average. Time period given by analyst is one year when Punjab National Bank price can reach defined target. The current market price of Punjab National Bank is Rs 40.3. PNB Housing Finance has formed long bearish candlestick pattern on the daily scale after breaking down bearish Flag and Pole pattern, generally indicating may be more weakness going ahead. Motilal Oswal has neutral call on Punjab National Bank with a target price of Rs 45. However, on the negative side, PNB Housing Finance and Triveni Engineering were in focus, falling 5.7 percent to Rs 468 and nearly 5 percent to Rs 253. The stock climbed back above all key moving averages (21, 50, 100 and 200-day EMA - exponential moving average). Stocks that were in action included Glenmark Pharma which jumped over 3 percent to Rs Rs 439 and formed Bullish Engulfing kind of pattern on the daily charts with above average volumes. However, the breadth was in control of bears, which resulted into a loss of half percent on the Nifty Midcap 100 and 1.6 percent decline on the Nifty Smallcap 100 index.Ībout four shares declined for every rising share on the NSE, while the key sectoral indices largely closed around flatline. The index climbed 41 points to 16,986, while the BSE Sensex gained nearly 130 points at 57,654. Last couple of sessions indicated that 16,900 is acting as a support for the market and 17,100-17,150 area is playing a role of hurdle on the higher side. Largely, the Nifty50 traded within Friday's range and finally formed a Doji kind of pattern on the daily scale as the closing was almost equal to opening levels, indicating bulls and bears are indecisive about their future market trend. An attacker could've potentially had the ability to remotely execute any code on them, steal data, make transactions, get complete control of such connected computer systems.The market traded within a range throughout the session on Monday, though it rebounded after two days of correction and closed in green. What was the vulnerability at PNB? CyberX9 reported that on November 17 it discovered a critical vulnerability that gave it access to the highest level of administrator privileges in an internal PNB server, which in turn exposed PNB's systems nationwide. This unrestricted access could have allowed any malicious attacker to get access to any information on PNB's network including systems in PNB branches and other departments, the cybersecurity firm said. Just earlier this month, CyberX9 reported that another large financial company, Central Depository Services Limited (CDSL), exposed sensitive data of around 4.39 crore investors. Cyberattacks and data breaches have been growing rapidly in recent months. MediaNama has reached out seeking more details. In a statement to Mone圜ontrol, PNB confirmed a vulnerability in one of its servers but denied that any critical data was exposed or other systems were affected. ![]() PNB is India's second-largest public sector bank and an allegation that all of its customer accounts could've been compromised by cyber attackers is alarming. A critical security vulnerability in Punjab National Bank (PNB) exposed the personal and financial data of over 180 million customers for the last seven months, cybersecurity firm CyberX9 claims in a report. The vulnerability was fixed by PNB on November 19 after it was reported to CERT-In and NCIIPC, the firm said.
0 Comments
Leave a Reply. |