INDIANB - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 IntraDay Trade Rating for INDIANB: 3.9
INDIANB (Indian Bank) presents a balanced mix of technical strength and valuation comfort. It's hovering near recent highs, riding above moving averages, and showing bullish momentum. While volume is slightly underwhelming today, the setup favors a moderately strong intraday structure.
📈 Technical Highlights
Current Price ₹630 is above both DMA 50 (₹623) and DMA 200 (₹574) → bullish alignment.
RSI (49.0) → mid-level, gives room for price movement without being overbought.
MACD (1.44) → bullish momentum intact, positive crossover holding.
Volume (22.1L) is slightly lower than 1W Avg (27.3L) → watch for midday pickup to confirm strength.
💰 Fundamental Snapshot
Metric Value Insight
EPS / PE ₹81.4 / 7.40 Undervalued vs Industry PE (7.49)
ROE / ROCE 17.1% / 6.38% Solid return on equity
Dividend Yield 2.58% Attractive passive return
Debt-to-Equity 10.9 High leverage typical in banking
PAT Q/Q Change -6.6% Minor dip, not alarming
PEG Ratio 0.19 Growth priced conservatively
A fundamentally strong bank stock with valuation appeal and healthy earnings — supportive for short-term trades.
🎯 Intraday Strategy
✅ Fresh Buy Setup
Buy Zone: ₹627 – ₹631 (enter on a bullish 5-min candle + rising volume)
Profit Booking Levels
Level 1: ₹638
Level 2: ₹643
Stop-Loss: ₹622
🔐 If Already Holding Today
Exit Strategy
Profit Target: ₹638–₹643 → exit if price stalls or volume drops near these zones.
Risk Exit: If ₹622 breaks down with rising red candles, cut quickly.
Momentum Trail: As long as MACD remains positive and price holds above ₹633, trailing stop can be pushed to ₹628.
🧠 Final Take
INDIANB is leaning bullish, though not explosive. Ideal for disciplined intraday players ready to react to live chart cues. It might not sprint today, but it can jog profitably if volume cooperates.
Want help scouting other PSU banking names riding higher RSI and volume spikes for sharper trades? I’ve got a few brewing — just say when you're ready to rotate 🔄📈
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