BANKINDIA - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for BANKINDIA based on the given parameters
IntraDay Trade Rating: 3.8
| Stock Code | BANKINDIA | Market Cap | 67,202 Cr. | Current Price | 148 ₹ | High / Low | 178 ₹ |
| Stock P/E | 6.49 | Book Value | 193 ₹ | Dividend Yield | 3.15 % | ROCE | 5.92 % |
| ROE | 12.4 % | Face Value | 10.0 ₹ | DMA 50 | 145 ₹ | DMA 200 | 142 ₹ |
| Chg in FII Hold | 1.44 % | Chg in DII Hold | -1.22 % | PAT Qtr | 3,016 Cr. | PAT Prev Qtr | 2,705 Cr. |
| RSI | 56.8 | MACD | 1.01 | Volume | 70,30,809 | Avg Vol 1Wk | 79,63,806 |
| Low price | 109 ₹ | High price | 178 ₹ | PEG Ratio | 0.17 | Debt to equity | 11.9 |
| 52w Index | 55.8 % | Qtr Profit Var | 14.8 % | EPS | 23.1 ₹ | Industry PE | 8.59 |
📊 Analysis: BANKINDIA is trading above both its 50 DMA (₹145) and 200 DMA (₹142), showing strong technical support. RSI at 56.8 indicates neutral-to-bullish momentum, while MACD at 1.01 reflects mild positive divergence. Intraday volume (70.3 Lakh) is below the weekly average (79.6 Lakh), suggesting moderate participation. Fundamentals remain solid with EPS of ₹23.1, PAT growth (+14.8%), and dividend yield of 3.15%. Valuations are attractive with P/E at 6.49 compared to industry PE of 8.59, though ROCE (5.92%) is relatively weak and high leverage (Debt-to-equity 11.9) adds risk.
💹 Optimal Buy Price: ₹146 – ₹149 (near DMA support)
🎯 Profit Exit Levels: ₹154 – ₹160 (short-term resistance zone)
🛑 Stop-Loss: ₹143 (below DMA cluster)
⏳ Exit Strategy if Holding: Exit intraday if RSI falls below 55 with rising sell volume or if price breaks under ₹143 with strong bearish candles. On the upside, partial profit booking is advised near ₹154–₹160 if momentum stalls.
✅ Positive
- Quarterly PAT improved to ₹3,016 Cr. from ₹2,705 Cr. (+14.8%).
- EPS at ₹23.1 supports valuation strength.
- FII holdings increased (+1.44%), reflecting foreign investor confidence.
- Dividend yield at 3.15% provides strong investor returns.
⚠️ Limitation
- ROCE (5.92%) is relatively weak compared to peers.
- High debt-to-equity ratio (11.9) typical for banks but adds leverage risk.
- Intraday volume below weekly average, limiting conviction.
📉 Company Negative News
- DII holdings decreased (-1.22%), showing reduced domestic investor confidence.
📈 Company Positive News
- Quarterly PAT growth (+14.8%) shows earnings resilience.
- FII inflows (+1.44%) indicate strong foreign sentiment.
🏭 Industry
- Industry PE at 8.59, higher than BANKINDIA’s valuation (6.49), making it relatively undervalued.
- Banking sector remains stable with steady earnings outlook.
🔎 Conclusion
BANKINDIA is a good intraday candidate today. Entry near ₹146–₹149 offers upside potential toward ₹154–₹160. Strong fundamentals and undervaluation support bullishness, but traders should be cautious of weak ROCE, high leverage, and reduced domestic investor confidence.
Would you like me to extend this into a swing trade overlay with multi-session entry/exit zones and peer benchmarking against SBI, Bank of Baroda, and Canara Bank?