BANKINDIA - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.5

📈 Strong momentum, breakout potential, and high volume make this a compelling intraday candidate.

💡 Optimal Buy Price: ₹140

🎯 Profit Target: ₹143 | Stop Loss: ₹137.5

⏱️ If already holding, consider exiting near ₹143 or if price dips below ₹137.5 with rising volume.

📈 Positive

• 📊 MACD at 5.46 confirms bullish momentum
• 📈 RSI at 73.2 suggests strong buying pressure and breakout potential
• 📍 Price is above both DMA 50 and DMA 200 (₹126 & ₹117)
• 📈 Volume of 2.15 Cr. is well above 1-week average (1.67 Cr.)
• 💰 EPS of ₹21.8 and ROE of 12.3% reflect solid profitability
• 📈 FII holding increased by 0.71%, showing foreign investor confidence

⚠️ Limitation

• 📉 ROCE of 6.15% is modest for banking sector
• 📉 DII holding declined by 0.34%, indicating domestic caution
• 📉 Debt-to-equity ratio of 11.9 is high, typical for banks but worth monitoring

🚫 Company Negative News

• 📉 No major negative headlines, but DII reduction may reflect short-term caution

✅ Company Positive News

• 📈 PAT improved from ₹2,252 Cr. to ₹2,555 Cr. (+7.62%)
• 📊 Trading near 52-week high (₹143) suggests bullish sentiment

🏦 Industry

• 🏛️ Operates in the public sector banking space
• 📊 Trades at a P/E of 6.50 vs. Industry PE of 8.08, indicating undervaluation

🧾 Conclusion

• BANKINDIA is a strong intraday candidate with breakout potential and high volume support
• Best suited for momentum-based trades with tight stop-loss
• Watch for price action near ₹143 and RSI cooling below 70 for exit signals

I can also compare BANKINDIA’s setup with other PSU banks like UNIONBANK or CENTRALBK to refine your intraday strategy.