AXISBANK - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | AXISBANK | Market Cap | 3,75,192 Cr. | Current Price | 1,207 ₹ | High / Low | 1,418 ₹ |
| Stock P/E | 15.3 | Book Value | 634 ₹ | Dividend Yield | 0.08 % | ROCE | 6.95 % |
| ROE | 16.0 % | Face Value | 2.00 ₹ | DMA 50 | 1,301 ₹ | DMA 200 | 1,234 ₹ |
| Chg in FII Hold | 0.69 % | Chg in DII Hold | -0.22 % | PAT Qtr | 6,490 Cr. | PAT Prev Qtr | 5,090 Cr. |
| RSI | 34.7 | MACD | -32.6 | Volume | 89,69,197 | Avg Vol 1Wk | 79,40,818 |
| Low price | 1,032 ₹ | High price | 1,418 ₹ | PEG Ratio | 0.58 | Debt to equity | 7.52 |
| 52w Index | 45.2 % | Qtr Profit Var | 2.95 % | EPS | 79.0 ₹ | Industry PE | 14.3 |
📊 Analysis: AXISBANK trades at ₹1,207, below both 50 DMA (₹1,301) and 200 DMA (₹1,234), showing weak momentum. RSI at 34.7 indicates oversold conditions, but MACD (-32.6) remains negative, confirming bearish sentiment. Intraday volume (89,69,197) is slightly above the weekly average (79,40,818), showing active participation. The stock is not a strong intraday candidate today, though oversold levels may attract short-term buyers.
💡 Optimal Buy Price: ₹1,190–₹1,200 if price stabilizes with volume support.
🎯 Profit Exit Levels: ₹1,230 (near-term resistance), ₹1,260 (upper resistance zone).
🛡️ Stop-Loss: ₹1,175 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹1,230–₹1,260 if momentum fails to strengthen. If price breaks below ₹1,175 with volume, exit immediately to avoid deeper losses.
Positive
- Strong EPS (₹79.0) supports valuation strength.
- Quarterly PAT improved to ₹6,490 Cr. from ₹5,090 Cr., showing earnings growth.
- FII holdings increased (+0.69%), reflecting foreign investor confidence.
- PEG ratio (0.58) suggests undervaluation relative to growth potential.
Limitation
- ROCE (6.95%) is weak compared to peers.
- Stock trading below both 50 DMA and 200 DMA, showing weak momentum.
- Dividend yield is very low (0.08%), offering minimal shareholder return.
- Debt-to-equity ratio (7.52) is high, typical for banks but adds leverage risk.
Company Negative News
- DII holdings decreased (-0.22%), showing reduced domestic institutional support.
- Weak ROCE highlights efficiency concerns despite profitability.
Company Positive News
- Quarterly profit growth (+2.95%) highlights operational improvement.
- FII buying increased, supporting price stability.
- Strong EPS and consistent profitability support long-term valuation.
Industry
- Banking sector remains cyclical but benefits from credit growth.
- Industry PE at 14.3 is slightly lower than AXISBANK’s PE (15.3), showing fair valuation.
Conclusion
⚠️ AXISBANK is not a strong intraday candidate today due to weak momentum and bearish indicators. Traders should only consider entry if price stabilizes near ₹1,200 with volume confirmation. Profit targets lie around ₹1,230–₹1,260, but risk of downside remains high. Long-term investors may still find value in its strong EPS and improving profits, but intraday traders should remain cautious.