Name - PNBHOUSING Pattern - Cup and Handle Timeframe - Wkly Status - Breakout with volume Cmp - 977 Target - 1711 SL - 916 or breakout Candle low -850
Pattern: Cup and Handle
The Cup and Handle pattern is a bullish continuation pattern
Fundamentals: Good
Here are some key fundamental ratios and metrics for PNB Housing Finance Ltd.:
Market Cap: ₹22,426 Cr Current Price: ₹724.00 Price-to-Earnings (P/E) Ratio: 14.12 Price-to-Book (P/B) Ratio: 1.58 Return on Equity (ROE): 11.19% Net Profit Margin: 18.49% Debt-to-Equity Ratio: 3.44 PNB Housing Finance has shown a solid ROE and net profit margin, but its high debt-to-equity ratio indicates a significant level of leverage.