How to trade PB Fintech shares after falling 12% from day’s high? This technical analyst explains
PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous session. Technical analysts flagged weak momentum, broken support levels and bearish indicators, while brokerages lowered targets or retained cautious views amid concerns over proposed IRDAI changes and their potential impact on Policybazaar’s earnings.
Key Takeaways
- PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous session.
- Technical analysts flagged weak momentum, broken support levels and bearish indicators, while brokerages lowered targets or retained cautious views amid concerns over proposed IRDAI changes and their potential impact on Policybazaar’s earnings.
- Full details and original dispatch available below.
PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous session. Technical analysts flagged weak momentum, broken support levels and bearish indicators, while brokerages lowered targets or retained cautious views amid concerns over proposed IRDAI changes and their potential impact on Policybazaar’s earnings.
Original Publisher Attribution
This summary was curated from Economic Times.