The particle-number conserving method based on the cranked shell model is adopted to investigate the possible antimagnetic rotation bands in $^{100}$Pd. The experimental kinematic and dynamic moments of inertia, together with the $B(E2)$ values are reproduced quite well. The occupation probability of each neutron and proton orbital in the observed antimagnetic rotation band is analyzed and its configuration is confirmed. The contribution of each major shell to the total angular momentum alignment with rotational frequency in the lowest-lying positive and negative parity bands is analyzed. The level crossing mechanism of these bands is understood clearly. The possible antimagnetic rotation in the negative parity $alpha=0$ branch is predicted, which sensitively depends on the alignment of the neutron ($1g_{7/2}$, $2d_{5/2}$) pseudo-spin partners. The two-shears-like mechanism for this antimagnetic rotation is investigated by examining the closing of the proton hole angular momentum vector towards the neutron angular momentum vector.