INDIANB - Swing Trade Analysis

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

Swing Trade Rating: 3.9

📉 Technical Setup

Price Action: Trading at ₹630 — slightly above both DMA 50 (₹623) and DMA 200 (₹574), indicating medium-term bullish bias.

RSI (49.0): Neutral territory — not yet showing reversal but could build momentum.

MACD (1.44): Positive reading suggests trend is upward, albeit mild.

Volume: Below weekly average — subdued interest, but not a red flag.

📊 Fundamental Checkpoint

Valuation

P/E (7.40) vs Industry PE (7.49) — fairly valued.

PEG Ratio (0.19) → extremely attractive pricing against earnings growth.

Profitability

ROE (17.1%) → solid shareholder return.

ROCE (6.38%) → relatively low; may be weighed down by high capital base typical of banks.

EPS (₹81.4): Strong earnings base — supports valuations.

Dividend Yield (2.58%): Decent income kicker.

🏦 Institutional Moves

FII Holding Change (–0.20%): Slight reduction — not alarming.

DII Holding Change (+0.27%): Mild accumulation — signals confidence.

💰 Earnings & Risk Metrics

PAT Qtr Drop: ₹2,786 Cr vs ₹2,982 Cr — slight decline, needs monitoring.

Debt to Equity (10.9): High — typical for banks, but worth noting for risk management.

🎯 Trade Strategy

📥 Entry Zone: ₹615–₹620 — ideally on a small dip and if RSI climbs past 52. MACD must stay positive.

📤 Exit Strategy (If Holding)

Initial Target: ₹645–₹650 range — near resistance.

Extended Move: ₹660+ if RSI breaks above 60 with volume spike.

Set stop-loss near ₹605 to protect downside risk.

🧠 Final Thoughts

INDIANB shows strength in earnings, valuation, and technical momentum, but watch for any weakness in volume and institutional sentiment. It's a solid short-term candidate with manageable risk if entered strategically.

Want help screening other public sector banks showing sharper RSI swings or MACD crossovers? I can dig up a few that might give cleaner setups.

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