MAHABANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.8

📈 Mild bullish setup with improving technicals and institutional interest, but volume and ROCE remain soft.

💡 Optimal Buy Price: ₹57.8

🎯 Profit Target: ₹60.5 | Stop Loss: ₹56.8

⏱️ If already holding, consider exiting near ₹60.5 or if price dips below ₹56.8 with rising volume.

📈 Positive

• 📊 MACD at 0.84 shows bullish crossover
• 📈 RSI at 52.0 indicates neutral-to-positive momentum
• 📍 Price is above both DMA 50 and DMA 200 (₹57.0 & ₹54.8)
• 💰 ROE of 22.9% and EPS of ₹7.96 reflect strong profitability
• 📈 FII holding increased by 0.46%, showing foreign investor confidence

⚠️ Limitation

• 🔇 Volume (1.57 Cr.) is below 1-week average (2.14 Cr.)
• 📉 ROCE of 5.78% is modest for banking sector
• 📉 PEG ratio of 0.11 suggests limited growth relative to valuation
• 📉 DII holding declined by 0.34%, indicating domestic caution

🚫 Company Negative News

• 📉 No major negative headlines, but DII reduction may reflect short-term caution

✅ Company Positive News

• 📈 PAT improved from ₹1,593 Cr. to ₹1,633 Cr. (+23.1%)
• 📊 Trading near 52-week high (₹61.4) suggests bullish sentiment

🏦 Industry

• 🏛️ Operates in the public sector banking space
• 📊 Trades at a P/E of 7.34 vs. Industry PE of 8.08, indicating slight undervaluation

🧾 Conclusion

• MAHABANK presents a moderate intraday opportunity with bullish technicals and foreign investor support
• Best suited for momentum-based trades with disciplined stop-loss
• Watch for volume surge and price action near ₹60.5 for exit signals

I can also compare MAHABANK’s setup with other PSU banks like INDIANBK or UCOBANK to refine your intraday strategy.