J&KBANK - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Rating: 3.6
J&K Bank shows mixed signals for intraday trading today. Here's a breakdown of the analysis
⚙️ Technical & Momentum Overview
RSI (42.7): Mildly bearish, suggesting weak momentum.
MACD (-0.03): Slightly negative, indicating lack of bullish crossover.
Volume: Slightly below average, showing reduced participation.
Price Action: Current price ₹106 is below 50 DMA (₹108), hinting at short-term weakness.
📈 Buy & Exit Strategy
✅ Optimal Buy Price (if not already holding)
Buy Zone: ₹103–₹105 (near support and below VWAP)
Stop Loss: ₹101.50 (intraday low)
💰 Profit-Taking Levels
Target 1: ₹108 (50 DMA resistance)
Target 2: ₹110–₹112 (next pivot resistance)
🚪 Exit Strategy (if already holding)
Exit on Weakness: If price fails to hold ₹104.50 with rising volume.
Exit on Strength: If price crosses ₹108 with bullish momentum and volume spike.
🧠 Quick Sentiment Check
Valuation: Attractive P/E of 5.44 vs industry average of 12.6.
Fundamentals: Strong EPS (₹19.5), but high debt-to-equity (10.6) and declining quarterly PAT.
Trend: Neutral to mildly bearish; wait for breakout confirmation above ₹108 for stronger conviction.
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