PNB HOUSING FINANCE LTD has successfully broken out of a cup and handle pattern, suggesting a potential uptrend.
The increasing volume and RSI above 50 confirm the bullish sentiment.
RSI: The RSI is currently above 50, indicating a bullish trend.
MACD: The MACD line is above the signal line, indicating a bullish trend.
Moving Averages: 50-day moving average is also approaching the price from below, which could provide additional support.
Disclaimer: This analysis is based on historical data and technical indicators. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.