BANKINDIA - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 4.6

📈 Bank of India is a strong swing trade candidate with bullish momentum, attractive valuation, and rising institutional interest. Entry near ₹138 is optimal. If already held, consider exiting around ₹145–₹150.

📈 Positive

• 📊 ROE of 12.3% and EPS of ₹21.8 reflect solid profitability.
• 📈 MACD at 5.46 and RSI at 73.2 confirm strong bullish momentum.
• 📈 Trading above DMA 50 (₹126) and DMA 200 (₹117) signals sustained uptrend.
• 💸 Dividend Yield of 2.85% adds to total return potential.
• 📉 Low P/E of 6.50 vs industry average of 8.08 suggests undervaluation.
• 📈 FII holding increased by 0.71%, showing rising foreign investor confidence.

⚠️ Limitation

• 📉 ROCE of 6.15% is modest for a large-cap bank.
• 📉 DII holding declined by 0.34%, indicating cautious domestic sentiment.
• 📉 Debt-to-equity ratio of 11.9 is high, though typical for banks.
• 📉 RSI above 70 may signal short-term overbought conditions.

📉 Company Negative News

• 📉 Analysts caution that the stock may face resistance near its 52-week high of ₹143.

📈 Company Positive News

• 📈 Bank of India reported a 7.62% rise in quarterly PAT, driven by strong credit growth and lower provisioning.
• 📈 Management expects continued improvement in asset quality and net interest margins.

🏦 Industry

• 🏦 PSU banks are outperforming amid rising credit demand, improved NPAs, and favorable macro conditions.
• 📊 Industry P/E of 8.08 reflects conservative valuation norms across the sector.

✅ Conclusion

• 📈 Bank of India is a strong swing trade candidate with bullish technicals and attractive valuation.
• 📉 Optimal entry price: ₹138–₹140 (on minor pullback below resistance).
• 📈 Exit target: ₹145–₹150 (above 52-week high and near psychological resistance).
• 📌 Monitor RSI for signs of reversal and volume confirmation before entry.

I can chart BANKINDIA’s RSI and MACD trends to help visualize its momentum setup—just let me know.