MAHABANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.1

📊 Intraday Trading Analysis for MAHABANK

✅ Is MAHABANK a Good Intraday Candidate?

Yes — MAHABANK presents a strong setup for intraday trading today, supported by momentum, volume, and valuation

Momentum Indicators

RSI at 65.7: Bullish and approaching overbought — signals strength but caution near resistance.

MACD at +0.35: Positive crossover — confirms upward momentum.

Price Action

Trading above both DMA50 (₹54.5) and DMA200 (₹53.7) — bullish structure.

Near recent high of ₹63.5 — potential breakout zone.

Volume

Current volume (1.67 crore) is significantly higher than 1-week average (1.39 crore) — strong liquidity and trader interest.

Fundamentals

P/E (7.57) vs industry (7.91) — fairly valued.

PEG ratio (0.11) — attractive for growth.

ROE (22.9%) — excellent efficiency.

PAT growth of 23.1% — strong earnings momentum.

Dividend yield (2.62%) — adds defensive appeal.

🎯 Optimal Buy Price (Fresh Entry)

Buy Zone: ₹56.8–₹57.2

Entry near current price with tight stop-loss.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹58.5 (minor resistance)

Target 2: ₹60.2 (next breakout zone)

Stop-Loss: ₹55.5 (below DMA50 and intraday support)

🕒 If You Already Hold Today

Exit on Strength

If price breaks ₹58.5 with rising volume and RSI > 68, trail stop-loss to ₹57.5 and aim for ₹60.2.

Exit on Weakness

If price dips below ₹55.5 and MACD flattens or turns negative, consider exiting to protect gains.

⚠️ Final Take

MAHABANK is well-positioned for momentum-based intraday trades today. Strong volume and technical structure support upside potential. Use disciplined stop-losses and monitor RSI for signs of exhaustion.

Let me know if you'd like to track this live or compare it with other PSU banks for stronger setups!

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