MAHABANK - Swing Trade Analysis

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

📊 Swing Trade Analysis for MAHABANK Ltd.

Swing Trade Rating: 4.0

⚙️ Technical Overview

Current Price ₹56.8 trades above DMA 50 ₹55.1 and DMA 200 ₹53.4 — trend is supportive.

RSI (54.3): Neutral-bullish zone — not overbought, suggesting more room to rally.

MACD (0.45): Mildly positive — hints at early bullish momentum.

Volume Lagging: Current volume is below weekly average — less conviction behind price moves.

📈 Conclusion: Setup leans positive but awaits stronger volume to confirm trend strength.

📚 Fundamental View

P/E (7.58) in line with Industry PE (7.49) — fairly valued.

PEG (0.11) — extremely attractive, signals potential underpriced growth.

EPS ₹7.63 and Book Value ₹37.3 — respectable earnings and asset backing.

Debt-to-Equity (11.5) — typical for banks, not a red flag in context.

ROE (22.8%) — excellent shareholder return; ROCE (5.72%) more modest.

PAT Qtr Growth: ₹1,502 Cr → ₹1,504 Cr (+16.2%) — steady earnings expansion.

FII/DII Movement: Minor FII uptick; slight DII trimming — mixed institutional signals.

Dividend Yield (2.64%) — decent passive income, not swing-critical.

🔍 Conclusion: Strong ROE and PEG ratio support swing potential despite modest ROCE and volume weakness.

✅ Optimal Entry Zone

Buy Range: ₹55.5–₹56.2 — near DMA 50 and close to trend support.

Stop-Loss: ₹53.0 — safely beneath 200-DMA and prior support range.

🚪 Exit Strategy (If Already Holding)

Initial Target: ₹59–₹61 — short-term swing resistance zone.

Extended Target: ₹64–₹66 — potential run if MACD builds and RSI pushes to 65+.

Trailing Stop-Loss: Raise to ₹57 once ₹61 is crossed to lock profits.

🧠 Final Word

MAHABANK presents an attractive swing setup backed by stable fundamentals and early bullish technicals. PEG and ROE are standout metrics, though lighter volume requires a watchful eye. If momentum kicks in, this trade could pay off steadily.

Want help curating other PSU banks with stronger breakout potential or better volume acceleration? I’ve got a few names ready to spark your next trade idea.

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