MAHABANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.6

📊 Analysis: MAHABANK is trading at ₹57.3, near its 50 DMA (₹57.5) and above 200 DMA (₹55.6), showing short-term support. RSI at 43.1 indicates weak momentum, while MACD (-0.47) suggests mild bearishness. Current volume (77,56,179) is slightly below average weekly volume (81,86,104), reflecting moderate intraday participation. Fundamentals are attractive with low P/E (7.22 vs industry 7.89), strong ROE (22.9%), and dividend yield of 2.61%. Quarterly PAT growth (+23.1%) supports sentiment, though ROCE (5.78%) is modest.

💡 Optimal Buy Price: Around ₹56.8–₹57.5 (near 50 DMA support zone).

🎯 Profit-Taking Exit Levels: ₹58.5 (first resistance), ₹60.0 (next resistance).

🛡️ Stop-Loss / Loss Protection: ₹56.0 (below intraday support).

⏱️ If Already Holding: Consider partial exit near ₹58.5 if momentum slows. Full exit if price falls below ₹56.0 with weakening RSI or MACD divergence. Intraday trend remains moderately favorable given valuation comfort and PAT growth, but momentum indicators advise caution.

✅ Positive

• 📈 Trading above 200 DMA, showing medium-term strength.
• 💹 Attractive valuation with P/E of 7.22 vs industry PE of 7.89.
• 📊 EPS of ₹7.96 supports earnings stability.
• 📈 Dividend yield of 2.61% provides shareholder returns.
• 📊 FII holding increased (+2.79%) and DII holding also increased (+2.34%).
• 📈 52-week performance shows +82.0% growth.

⚠️ Limitation

• 📉 RSI at 43.1 shows weak momentum.
• 📊 MACD negative (-0.47), indicating mild bearishness.
• 📉 Current volume slightly below average weekly volume.
• 📉 ROCE at 5.78% is modest compared to peers.
• 📉 Debt-to-equity ratio high at 10.6, typical for banks but adds leverage risk.

🚨 Company Negative News

• 📉 ROCE remains modest at 5.78%.
• 📉 High leverage with debt-to-equity ratio of 10.6.

🌟 Company Positive News

• 📈 PAT growth strong at ₹1,633 Cr. vs ₹1,593 Cr. previous quarter (+23.1%).
• 📊 FII holding increased (+2.79%).
• 📈 DII holding increased (+2.34%).
• 📊 Dividend yield at 2.61% adds investor confidence.

🏭 Industry

• 📊 Industry PE at 7.89, slightly higher than MAHABANK’s 7.22, showing undervaluation.
• 🏦 PSU banking sector outlook remains steady with credit growth and profitability drivers.

📌 Conclusion

MAHABANK is a moderately favorable candidate for intraday trading today, supported by strong fundamentals, attractive valuation, and trading above 200 DMA. Optimal entry is near ₹56.8–₹57.5 with profit exits at ₹58.5–₹60.0 and stop-loss at ₹56.0. Momentum indicators suggest cautious optimism for intraday gains.

Would you like me to extend this into a peer benchmarking overlay with other PSU banks (like Bank of India, Canara Bank, Union Bank) to highlight relative intraday strength?