BANKBARODA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | BANKBARODA | Market Cap | 1,40,196 Cr. | Current Price | 271 ₹ | High / Low | 326 ₹ |
| Stock P/E | 7.00 | Book Value | 296 ₹ | Dividend Yield | 3.14 % | ROCE | 5.66 % |
| ROE | 13.8 % | Face Value | 2.00 ₹ | DMA 50 | 272 ₹ | DMA 200 | 273 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | 0.20 % | PAT Qtr | 5,616 Cr. | PAT Prev Qtr | 5,055 Cr. |
| RSI | 53.3 | MACD | -1.13 | Volume | 1,02,79,744 | Avg Vol 1Wk | 1,42,97,493 |
| Low price | 231 ₹ | High price | 326 ₹ | PEG Ratio | 0.56 | Debt to equity | 11.8 |
| 52w Index | 42.6 % | Qtr Profit Var | 11.2 % | EPS | 38.7 ₹ | Industry PE | 7.92 |
- 📈 Chart Patterns: BANKBARODA is trading at 271 ₹, consolidating after testing highs of 326 ₹. Support lies around 265–270 ₹, resistance near 280–285 ₹. Trendlines suggest sideways consolidation with mild bearish undertone.
- 📊 Moving Averages: Price is near both 50 DMA (272 ₹) and 200 DMA (273 ₹), indicating indecision and lack of clear trend direction.
- 📉 RSI: At 53.3, RSI is neutral, showing balanced momentum without strong signals.
- 📉 MACD: Slightly negative (-1.13), signaling weak bearish bias.
- 📊 Bollinger Bands: Price is near the mid-band, suggesting consolidation with limited volatility.
- 📊 Volume Trends: Current volume (1,02,79,744) is below weekly average (1,42,97,493), showing reduced participation and weak conviction.
- 📌 Momentum Signals: Entry zone around 265–270 ₹; exit zone near 280–285 ₹.
- 🔄 Trend Status: Consolidating with mild bearish bias.
Positive
- EPS of 38.7 ₹ provides strong earnings base.
- PAT improved to 5,616 Cr. from 5,055 Cr. (+11.2%).
- Dividend yield of 3.14% offers shareholder return.
- PEG ratio of 0.56 highlights undervaluation relative to growth.
- DII holdings increased (+0.20%), showing domestic investor confidence.
Limitation
- Price stuck near both 50 DMA and 200 DMA, showing indecision.
- MACD negative, limiting bullish conviction.
- ROCE (5.66%) relatively weak compared to peers.
- Debt-to-equity ratio high at 11.8, typical for banks but adds leverage risk.
Company Negative News
- Decline in foreign investor confidence (FII holdings -0.15%).
- High leverage compared to peers.
Company Positive News
- Quarterly profits improved.
- Domestic institutional inflows support sentiment.
- Attractive valuation with low PEG ratio.
Industry
- Industry P/E at 7.92 highlights sector trading at similar multiples.
- Banking sector remains resilient but faces valuation pressure.
Conclusion
BANKBARODA is consolidating with weak momentum, trading near both 50 DMA and 200 DMA. Entry near 265–270 ₹ offers favorable risk-reward, with exit around 280–285 ₹. Strong fundamentals and undervaluation support long-term potential, but high leverage and weak technical signals warrant cautious positioning with strict stop-loss discipline.
Would you like me to extend this into a peer benchmarking overlay comparing BANKBARODA against other PSU banks, or refine it into a swing trade outlook with medium-term targets?