BANKBARODA - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – BANKBARODA

IntraDay Trade Rating: 3.7

BANKBARODA presents a moderately appealing intraday setup today, supported by attractive valuation and stable technical structure. However, momentum is only mildly positive, and volume participation is below average — suggesting potential for short-term upside, but not explosive moves.

📈 Technical Signals

RSI (49.9): Sitting right at neutral — no strong bias but room to swing either direction.

MACD (0.42): Slightly positive — may indicate a brewing uptrend if supported by volume.

Price (₹242)

Just above both 50-DMA (₹241) and 200-DMA (₹238) — mild bullish confirmation.

Volume (60.4L) < 1-week average (91.2L) — signals subdued market interest today.

🧾 Fundamental Factors

P/E (6.44) vs Industry PE (7.49): Undervalued — supports sentiment.

High Dividend Yield (3.45%): Attractive for defensive traders.

Quarterly Profit Decline (-26.6%): Weighs on short-term sentiment.

ROE (15.5%), ROCE (6.29%): Healthy efficiency but room for operational improvement.

FII Outflows (-0.90%) vs DII Inflows (+0.82%): Mixed institutional posture.

💼 Intraday Strategy

✅ New Entry

Buy Zone: ₹240 – ₹243 (support expected near DMA cluster)

Profit Target: ₹247 – ₹250 (resistance zone and psychological level)

Stop Loss: ₹237 (below 200-DMA ⇒ bearish bias if breached)

⏳ Already Holding Today

Exit Signals

RSI fails to breach 52+ while price remains flat by midday.

MACD narrows or turns flat by 1:30 PM IST — sign of fading momentum.

Volume drops below 50L after 2 PM IST — weak closing strength.

Suggested Exit Window: 2:15–3:00 PM IST, especially if ₹247–₹250 range proves sticky.

Looking to compare PSU banks based on low P/E and rising MACD setups? Or build a dynamic screener around dividend yield and RSI reversal zones? I’m ready to tune that radar with you 💹📌

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