J&KBANK - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | J&KBANK | Market Cap | 11,586 Cr. | Current Price | 105 ₹ | High / Low | 117 ₹ |
| Stock P/E | 5.39 | Book Value | 143 ₹ | Dividend Yield | 2.04 % | ROCE | 6.14 % |
| ROE | 15.7 % | Face Value | 1.00 ₹ | DMA 50 | 103 ₹ | DMA 200 | 104 ₹ |
| Chg in FII Hold | 0.29 % | Chg in DII Hold | 0.08 % | PAT Qtr | 587 Cr. | PAT Prev Qtr | 494 Cr. |
| RSI | 56.3 | MACD | 0.50 | Volume | 33,65,938 | Avg Vol 1Wk | 28,47,978 |
| Low price | 82.0 ₹ | High price | 117 ₹ | PEG Ratio | 0.09 | Debt to equity | 10.0 |
| 52w Index | 65.7 % | Qtr Profit Var | 10.4 % | EPS | 19.5 ₹ | Industry PE | 15.8 |
📊 Analysis: J&KBANK is trading at ₹105, slightly above its 50 DMA (₹103) and 200 DMA (₹104), showing near-term technical strength. RSI at 56.3 indicates healthy momentum, while MACD at 0.50 confirms mild bullish undertone. Current volume (33.6 lakh) is higher than the 1-week average (28.4 lakh), suggesting strong intraday participation. Fundamentals are attractive with low P/E (5.39 vs industry 15.8), strong ROE (15.7%), and consistent PAT growth. Despite high debt-to-equity (10.0), the stock shows potential for tactical intraday trades.
💡 Optimal Buy Price: ₹104–₹106 (near support zone).
🎯 Profit-Taking Levels: ₹110–₹112 (short-term resistance).
🛡️ Stop-Loss: ₹102 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹105 with weakening momentum or if volume declines. If intraday rally continues, consider booking profits around ₹110–₹112. Avoid holding beyond resistance unless strong breakout signals appear with volume confirmation.
✅ Positive
- Trading above both 50 DMA and 200 DMA, showing technical support.
- Low P/E (5.39) compared to industry PE (15.8), indicating undervaluation.
- Strong ROE (15.7%) reflects efficient capital use.
- Quarterly PAT growth (₹587 Cr vs ₹494 Cr) shows improving profitability.
- FII (+0.29%) and DII (+0.08%) holdings increased, showing institutional confidence.
⚠️ Limitation
- High debt-to-equity ratio (10.0) raises financial risk.
- ROCE at 6.14% reflects modest efficiency.
- Dividend yield of 2.04% is moderate compared to peers.
📉 Company Negative News
- High leverage (debt-to-equity 10.0) may limit financial flexibility.
- Stock corrected from 52-week high of ₹117 to current ₹105.
📈 Company Positive News
- Quarterly profit variation shows 10.4% growth YoY.
- EPS of ₹19.5 reflects strong earnings capability.
- Institutional investors increasing stake, supporting confidence.
🏭 Industry
- Industry PE at 15.8 is much higher than J&KBANK’s PE, highlighting undervaluation.
- Banking sector remains resilient with steady credit demand and government support.
🔎 Conclusion
J&KBANK shows strong fundamentals and improving technicals, making it a good candidate for intraday trading. Traders should buy near support with tight stop-loss and book profits quickly around resistance levels. Momentum indicators and volume favor tactical intraday trades, though high leverage remains a key risk factor.