MAHABANK - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – MAHABANK

IntraDay Trade Rating: 3.9

MAHABANK shows a reasonably strong setup for intraday consideration today. The technicals lean bullish, valuation remains attractive, and price action is sitting above key moving averages. However, volume trends and institutional flows temper enthusiasm slightly.

📈 Technical Landscape

RSI (54.3): Neutral-to-bullish — momentum could build if supported by volume.

MACD (0.45): Positive signal — trend continuation possible if confirmed post-noon.

Price (₹56.8) is above both 50-DMA (₹55.1) and 200-DMA (₹53.4) — bullish structure.

Volume (56L) is notably below 1-week average (92.6L) — needs mid-session pickup to validate movement.

🧾 Fundamental Highlights

P/E (7.58) ≈ Industry PE (7.49) — fair valuation.

Strong ROE (22.8%) — indicates efficiency in capital deployment.

Profit Growth (↑16.2%) — supports sentiment.

PEG (0.11) — highly attractive in growth context.

Debt/Equity (11.5) — high, but typical for PSU banks.

Mixed Institutional Action: FII ↑0.17% vs DII ↓0.27% — indecisive flows.

🎯 Intraday Strategy

✅ Fresh Entry Levels

Buy Zone: ₹56.3 – ₹56.7 (look for consolidation around intraday support or pullback confirmation)

Profit Booking Target: ₹57.4 – ₹57.8 (minor resistance zones, psychological ₹58 barrier)

Stop Loss: ₹55.9 (below 50-DMA ⇒ indicates possible bearish drift)

⏳ If Already Holding Today

Exit Conditions to Monitor

Price stalls below ₹57.4 despite volume surge by 1 PM IST.

RSI fails to climb past 57–58 while MACD plateaus.

Volume drops below 50L post-lunch ⇒ thinning participation.

Suggested Exit Window: 2:15–3:00 PM IST, particularly if price action doesn’t break ₹57.4 decisively.

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