IDBI - IntraDay Trade Analysis

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

📉 IntraDay Trade Rating for IDBI: 3.2

IDBI Bank is sitting on a delicate edge — not an outright breakout candidate, but it offers pockets of tradable action for short-term scalpers if market mood turns favorable. Price action shows mild weakness while fundamentals paint a mixed picture of opportunity and risk.

📊 Technical Terrain

RSI (40.2): Low-mid range; not oversold, but momentum is fading.

MACD (-0.76): Mildly bearish; trend losing steam but not in a freefall.

Price ₹93 is below DMA 50 (₹95) yet above DMA 200 (₹86.8) — sideways structure with short-term weakness.

🔍 Volume & Price Behavior

Volume (40.6L) < 1Wk Avg (58.1L) — thinning activity, suggesting traders are cautious.

Price is well off its 52W High ₹106, and hovering above key psychological support at ₹90.

🧮 Fundamentals Snapshot

P/E 12.6 = matches industry average — fairly priced.

PEG 0.28 — strong growth at low valuation, a bullish underpinning.

ROE 13.6%, ROCE 6.78% — modest returns.

EPS ₹7.36, Dividend Yield 2.26% — adds defensive traits.

Debt/Equity 5.35 — typical for banking, but high leverage.

PAT Qtr stable (~2,019 Cr) — profitability intact.

🧭 Intraday Game Plan

🔹 Fresh Entry Zones

Buy Zone: ₹91.5–₹92.5 (Look for volume spike on bullish reversal candles near support)

Target Range: ₹94–₹95.5

Stop Loss: ₹90.5 (Preserve capital if support fails)

🔹 Already Holding?

Profit Booking Trigger: ₹94–₹95 (Likely resistance zone near DMA 50)

Exit on Weakness: ₹90–₹91 (Watch for rising red candles near this base)

Trailing Stop Suggestion: ₹91.2 (Protect gains if up-move weakens intraday)

💡 Final Take

IDBI isn't sprinting, but it's not stumbling either — it’s on standby. This could become a bounce play if broader sentiment turns bullish. For now, keep trades light and stops tight, and watch how it reacts around ₹90–₹92.

If you’re tracking sector trends, I can quickly highlight which PSU banks are gathering steam or show you intraday gainers with tighter setups. Just say the word.

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