BALKRISIND - Swing Trade Analysis

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

📊 Swing Trade Analysis for BALKRISIND Ltd.

Swing Trade Rating: 4.0

⚙️ Technical Outlook

Current Price ₹2,736 sits comfortably above both DMA 50 ₹2,607 and DMA 200 ₹2,650 — bullish posture.

RSI (64.4): Approaching overbought — suggests some caution, but still room for momentum extension.

MACD (53.7): Strong positive — confirms upside momentum.

Volume (6.03 lakh) > Avg (5.07 lakh) — healthy participation and interest from traders.

📈 Conclusion: Strong technical setup backed by momentum and volume; timing is favorable, but RSI warrants a tight stop strategy.

📚 Fundamental Snapshot

P/E (36.4) vs. Industry PE (33.9) — trading at a premium, signals optimism.

PEG (15.1) — extremely high, suggests stretched valuation vs. growth potential; not ideal for swing unless short-term momentum persists.

EPS ₹75.2 and Book Value ₹537 — solid foundation.

Debt-to-Equity (0.31) — modest leverage.

ROE (15.8%) & ROCE (16.7%) — healthy profitability.

PAT Dip: ₹369 Cr → ₹288 Cr (-41.2%) — recent earnings slowdown, a key red flag.

FII/DII Shift: Net decline in FII; marginal DII increase — slightly bearish institutional stance.

📉 Conclusion: Financial base is strong, but a steep fall in quarterly profits and inflated PEG raise caution flags.

✅ Optimal Entry Zone

Buy Range: ₹2,710–₹2,730 — close to current price and still within bullish structure.

Stop-Loss: ₹2,675 — just beneath 200-DMA to guard against sharp pullback.

🚪 Exit Strategy (If Already Holding)

Initial Profit Zone: ₹2,790–₹2,820 — short-term swing target.

Extended Target: ₹2,850–₹2,900 — if RSI nears 70 and volume continues to hold.

Trailing Stop: Once price crosses ₹2,800, raise stop to ₹2,740 to preserve gains.

🧠 Final Take

BALKRISIND is riding a strong technical wave and shows favorable swing characteristics despite recent profit contraction. The high PEG and overbought RSI mean you’ll need to stay nimble. Quick entries near support and precise exits at resistance will keep this trade profitable.

Want to find a stock with better earnings momentum or lower PEG for a cleaner swing setup? I’ve got a few top-tier contenders ready to roll.

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