BALKRISIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.7

📊 Analysis: BALKRISIND is trading at ₹2,365, slightly above its 50 DMA (₹2,350) but below 200 DMA (₹2,467), showing mixed technical signals. RSI at 52.8 indicates neutral-to-positive momentum, while MACD (11.7) confirms mild bullishness. Current volume (99,476) is higher than average weekly volume (90,144), suggesting healthy intraday participation. Fundamentals are steady with ROCE (16.5%) and ROE (15.5%), though quarterly PAT declined (-24.3%). Valuation is slightly premium with a P/E of 33.8 compared to industry PE of 31.0.

💡 Optimal Buy Price: Around ₹2,355–₹2,370 (near 50 DMA support zone).

🎯 Profit-Taking Exit Levels: ₹2,395 (first resistance), ₹2,430 (next resistance).

🛡️ Stop-Loss / Loss Protection: ₹2,340 (below intraday support).

⏱️ If Already Holding: Consider partial exit near ₹2,395 if momentum slows. Full exit if price falls below ₹2,340 with weakening RSI or volume divergence. Intraday trend remains moderately favorable given volume strength and positive MACD.

✅ Positive

• 📈 Trading above 50 DMA, showing short-term support.
• 💹 RSI at 52.8 indicates neutral-to-positive momentum.
• 📊 MACD positive (11.7), confirming mild bullishness.
• 📈 Volume higher than weekly average, supporting intraday moves.
• 💰 EPS of ₹70.0 supports valuation strength.

⚠️ Limitation

• 📉 Trading below 200 DMA, showing medium-term weakness.
• 📊 Quarterly PAT declined from ₹287 Cr. to ₹265 Cr. (-24.3%).
• 📉 PEG ratio (7.76) indicates expensive valuation relative to growth.
• 📉 DII holding decreased (-0.16%).

🚨 Company Negative News

• 📉 Decline in quarterly PAT (-24.3%).
• 📉 DII holding decreased (-0.16%).

🌟 Company Positive News

• 📈 FII holding increased (+0.20%).
• 📊 EPS remains strong at ₹70.0.
• 📈 Dividend yield at 0.68% provides shareholder returns.

🏭 Industry

• 📊 Industry PE at 31.0, close to BALKRISIND’s 33.8, showing fair premium valuation.
• 🚜 Tyre and auto ancillary sector outlook remains steady with demand recovery trends.

📌 Conclusion

BALKRISIND is a moderately favorable candidate for intraday trading today, supported by positive MACD, strong volume, and trading above 50 DMA. Optimal entry is near ₹2,355–₹2,370 with profit exits at ₹2,395–₹2,430 and stop-loss at ₹2,340. Momentum indicators suggest cautious optimism for intraday gains, though declining PAT and premium valuation warrant conservative strategies.

Would you like me to extend this into a peer benchmarking overlay with other tyre and auto ancillary stocks (like MRF, Apollo Tyres, JK Tyre) to highlight relative intraday strength?