BANKINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.0

📊 Intraday Trading Analysis for BANKINDIA

✅ Is BANKINDIA a Good Intraday Candidate?

Yes — BANKINDIA shows strong short-term potential for intraday trading today, supported by technical momentum, volume, and valuation

Momentum Indicators

RSI at 62.6: Bullish, with room before overbought — suggests continuation.

MACD at +1.32: Positive crossover — confirms upward momentum.

Price Action

Trading above both DMA50 (₹115) and DMA200 (₹113) — bullish structure.

Approaching recent high of ₹130 — potential breakout zone.

Volume

Current volume (87.1 lakh) is well above 1-week average (70.1 lakh) — strong liquidity and trader interest.

Fundamentals

P/E (5.55) vs industry (7.91) — undervalued.

PEG ratio (0.14) — attractive for growth.

ROE (12.3%) — solid efficiency.

PAT growth of 32.3% — strong earnings momentum.

Dividend yield (3.40%) — adds defensive appeal.

🎯 Optimal Buy Price (Fresh Entry)

Buy Zone: ₹117.5–₹119

Entry near current price with tight stop-loss.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹122.5 (minor resistance)

Target 2: ₹126–₹128 (next breakout zone)

Stop-Loss: ₹115.5 (below DMA50 and intraday support)

🕒 If You Already Hold Today

Exit on Strength

If price breaks ₹122.5 with rising volume and RSI > 65, trail stop-loss to ₹120 and aim for ₹126–₹128.

Exit on Weakness

If price dips below ₹115.5 and MACD flattens or turns negative, consider exiting to protect gains.

⚠️ Final Take

BANKINDIA is well-positioned for momentum-based intraday trades today. Strong volume and technical structure support upside potential. Use disciplined stop-losses and monitor RSI for signs of exhaustion.

Let me know if you'd like to compare this with other PSU banks or set up alerts for price triggers!

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