BALKRISIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.3

📈 Neutral-to-mild bullish setup with decent volume and RSI, but MACD and earnings contraction limit upside.

💡 Optimal Buy Price: ₹2,355

🎯 Profit Target: ₹2,395 | Stop Loss: ₹2,340

⏱️ If already holding, consider exiting near ₹2,395 or if price dips below ₹2,340 with rising volume.

📈 Positive

• 📊 RSI at 56.3 indicates moderate bullish momentum
• 📈 Volume of 2.71L is above 1-week average (2.06L)
• 📍 Price is near 50-DMA (₹2,356), offering technical support
• 💰 EPS of ₹70 and ROE of 15.5% reflect solid profitability
• 📉 Debt-to-equity ratio of 0.35 is relatively low

⚠️ Limitation

• 📉 MACD at -6.34 signals bearish crossover
• 📉 Price is below 200-DMA (₹2,512), indicating long-term weakness
• 📉 PEG ratio of 7.74 suggests overvaluation relative to growth
• 📉 Quarterly PAT declined from ₹287 Cr. to ₹265 Cr. (-24.3%)

🚫 Company Negative News

• 📉 DII holding declined by 0.16%, signaling domestic investor caution

✅ Company Positive News

• 📈 FII holding increased by 0.20%, showing foreign investor confidence
• 📊 Stable EPS and dividend yield of 0.68% support long-term value

🏭 Industry

• 🚜 Operates in the specialty tire and rubber sector
• 📊 Trades at a P/E of 33.7 vs. Industry PE of 31.9, indicating slight premium

🧾 Conclusion

• BALKRISIND offers a moderate intraday opportunity with volume and RSI support
• Best suited for range-bound trades with disciplined stop-loss
• Watch for MACD reversal and price crossing 200-DMA for stronger bullish confirmation

I can also chart BALKRISIND’s intraday support/resistance zones or compare it with other tire sector stocks like MRF or CEAT for sharper trade insights.