BANKINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | BANKINDIA | Market Cap | 73,303 Cr. | Current Price | 161 ₹ | High / Low | 170 ₹ |
| Stock P/E | 7.23 | Book Value | 186 ₹ | Dividend Yield | 2.52 % | ROCE | 6.15 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 150 ₹ | DMA 200 | 132 ₹ |
| Chg in FII Hold | 1.58 % | Chg in DII Hold | -0.45 % | PAT Qtr | 2,705 Cr. | PAT Prev Qtr | 2,555 Cr. |
| RSI | 56.4 | MACD | 3.23 | Volume | 91,18,953 | Avg Vol 1Wk | 1,65,37,155 |
| Low price | 92.7 ₹ | High price | 170 ₹ | PEG Ratio | 0.18 | Debt to equity | 11.7 |
| 52w Index | 88.4 % | Qtr Profit Var | 7.47 % | EPS | 22.3 ₹ | Industry PE | 7.88 |
📊 Analysis: BANKINDIA shows good intraday potential. Current price (₹161) is above both 50 DMA (₹150) and 200 DMA (₹132), indicating bullish bias. RSI at 56.4 suggests healthy momentum without being overbought. MACD (3.23) is positive, confirming upward momentum. Volume (91,18,953) is lower than average weekly volume (1,65,37,155), which may limit sharp moves, but fundamentals remain strong with consistent profit growth and attractive dividend yield.
💹 Optimal Buy Price: ₹159 – ₹162 (near support zone).
🎯 Profit-Taking Levels: ₹166 – ₹170 (short-term resistance).
🛡️ Stop-Loss: ₹155 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹159 with weakening momentum or if RSI dips below 54 intraday. If volume strengthens with price action, partial profit booking near ₹168 is advisable.
Positive
- Quarterly PAT improved (₹2,705 Cr vs ₹2,555 Cr), showing earnings growth.
- EPS of ₹22.3 supports profitability.
- Dividend yield of 2.52% provides strong passive returns.
- FII holdings increased (+1.58%), showing foreign investor confidence.
- Stock trading above both 50 DMA and 200 DMA, confirming bullish technical setup.
Limitation
- ROCE (6.15%) is modest compared to peers.
- Debt-to-equity ratio of 11.7 reflects high leverage risk.
- Volume lower than average, reducing intraday momentum.
Company Negative News
- DII holdings declined (-0.45%), showing reduced domestic institutional support.
Company Positive News
- Quarterly profit growth of 7.47% strengthens fundamentals.
- FII inflows reflect renewed foreign investor interest.
Industry
- Industry P/E at 7.88 indicates sector stability, with BANKINDIA trading in line at 7.23.
- Banking sector remains resilient, offering intraday opportunities with volatility.
Conclusion
⚖️ BANKINDIA is a good candidate for intraday trading today. Strong fundamentals, bullish technicals, and foreign investor support favor upward momentum. Best strategy is entry near ₹161 with tight stop-loss and profit booking around ₹168.