RBLBANK - IntraDay Trade Analysis

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

IntraDay Trade Rating: 4.2

RBLBANK is offering a technically bullish setup with impressive volume and momentum, making it a solid candidate for intraday opportunities today. While fundamentals suggest moderate risk (especially with high debt and low ROE), price behavior leans in favor of tactical trades.

🔍 Technical Indicators

RSI: 54.8 → Bullish zone with room to climb; supportive of continuation if volume holds.

MACD: +5.47 → Clear upward trend signal, confirming price strength.

Volume: 1.33 Cr vs Avg 1.07 Cr → Heavy participation—ideal liquidity conditions.

📈 Trend & Support/Resistance Levels

CMP: ₹256

Trading above DMA 50 (₹239) and DMA 200 (₹208) → Reinforces short-term bullish structure.

Support Zones: ₹252 and ₹246

Resistance Zones: ₹261 and ₹268

✅ Intraday Trade Strategy

💡 If entering fresh trade

Optimal Buy Zone: ₹253–₹256 on intraday dip or flat consolidation

Profit Booking Targets

₹261 → conservative resistance zone

₹268 → aggressive target if RSI pushes toward 58+ and volume crosses 1.5 Cr

Stop-Loss: ₹248

🔄 If already holding

Hold position as long as

Price stays above ₹255

MACD slope remains positive

RSI continues rising toward 57–59

Exit Guidance

Book partial profits near ₹261

Exit fully near ₹268 if MACD begins flattening or RSI stalls

Cut position below ₹250 if volume spikes on red candles and RSI dips under 52

📚 Key Fundamentals

EPS: ₹9.54, P/E: 26.8 vs Industry PE: 12.6 → Rich valuation justified only if momentum continues

Strong FII/DII inflows → Institutional confidence boosting sentiment

Quarterly PAT Growth: ₹214 Cr vs ₹87 Cr → Earnings rebound supports near-term action

Debt-to-Equity: 8.04 → Typical for banking, but risk-sensitive

RBLBANK is riding a healthy wave of accumulation, and while it’s not risk-free, it has the ingredients for a disciplined intraday scalp or breakout play. Let me know if you'd like to pair this with sectoral momentum or scan the banking basket for stronger MACD crossovers. 📊⚡

Edit in a page