CENTRALBK - Swing Trade Analysis

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

Swing Trade Rating: 3.9

📊 Analysis Summary

CENTRALBK shows signs of being a potential swing trade candidate, especially for short-term mean reversion. While technical indicators are weak, valuation and earnings momentum offer a compelling case.

🔍 Technical Indicators

RSI (34.0): Oversold zone — suggests a possible bounce.

MACD (-0.46): Mild bearish momentum, but flattening.

Price vs DMA

Current Price (₹36.9) is below both 50 DMA (₹38.5) and 200 DMA (₹44.4), indicating a short-term downtrend.

Volume: Stable and consistent — no major divergence.

📈 Fundamental Snapshot

P/E (7.92) vs Industry PE (7.49): Fairly valued.

PEG Ratio (0.14): Extremely attractive — strong earnings growth at low valuation.

EPS (₹4.81) vs Price (₹36.9): Reasonable earnings yield.

ROE (11.4%): Decent for a PSU bank.

Qtr Profit Growth (+30%): Strong earnings momentum.

Book Value (₹40.8): Trading below book — value zone.

FII & DII Holding ↓: Slight institutional outflow — cautionary signal.

Debt to Equity (11.8): Typical for banks, not alarming.

✅ Entry Strategy (If Not Holding)

Optimal Entry Price: ₹35–₹36 range, near recent support and oversold RSI.

Wait for RSI to cross 40 and MACD to turn positive for confirmation.

Look for volume spike or bullish reversal candle (e.g., hammer or engulfing).

🚪 Exit Strategy (If Already Holding)

Exit near 50 DMA (₹38.5) or partial booking at ₹40 (near book value).

If price fails to hold ₹35, consider stop-loss at ₹34 to limit downside.

⚖️ Final Verdict

CENTRALBK is a value-driven swing trade candidate with strong earnings growth and technical oversold signals. A short-term bounce is likely if broader sentiment improves.

Would you like a watchlist of other PSU banks showing similar setups for comparison?

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