BANKINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.9

📊 Chart Patterns & Trend: BANKINDIA is consolidating near its 52-week high of 151 ₹. The current price (143 ₹) is above both 50 DMA (139 ₹) and 200 DMA (124 ₹), indicating medium-term strength. The stock is trending sideways with resistance overhead and support from moving averages.

📈 Moving Averages:

- Price above both 50 DMA and 200 DMA confirms bullish undertone.

- Sustained support at 139 ₹ strengthens the consolidation base.

- Breakout above 151 ₹ could trigger momentum toward 160 ₹.

📉 RSI: At 51.2, RSI is neutral, showing balanced momentum with room for upside.

📉 MACD: Slightly negative (-0.04), indicating indecision and consolidation rather than strong momentum.

📊 Bollinger Bands: Price is near the mid-band, confirming sideways consolidation with potential breakout signals.

📊 Volume Trends: Current volume (57,78,728) is above the 1-week average (52,01,761), suggesting strong participation and accumulation interest.

🎯 Entry Zone: 140–143 ₹ (near 50 DMA support).

🎯 Exit Zone: 150–155 ₹ (near resistance trendline and 52-week high).

⚡ Support Levels: 139 ₹ and 124 ₹.

⚡ Resistance Levels: 151 ₹ and 160 ₹.

Positive

• EPS of 21.8 ₹ supports long-term earnings visibility.
• Dividend yield of 2.83% provides attractive income return.
• Quarterly PAT growth (2,555 Cr. vs 2,252 Cr.) shows consistent earnings momentum.
• FII holdings increased (+0.71%), reflecting foreign investor confidence.

Limitation

• ROCE modest at 6.15%, reflecting average capital efficiency.
• Debt-to-equity ratio is high at 11.9, typical for banks but still a leverage concern.
• DII holdings decreased (-0.34%), showing reduced domestic investor interest.
• MACD flat, indicating lack of strong momentum.

Company Negative News

• DII outflows (-0.34%) may weigh on sentiment.
• MACD neutral to negative, showing indecision in short-term momentum.

Company Positive News

• Quarterly PAT increased 7.62%, showing profitability growth.
• FII inflows (+0.71%) reflect confidence in fundamentals.
• Dividend yield of 2.83% adds shareholder value.

Industry

• Industry P/E at 7.89, slightly higher than BANKINDIA’s 6.51, suggesting undervaluation.
• Banking sector outlook remains strong with credit growth and stable demand.

Conclusion

⚖️ BANKINDIA is consolidating with neutral RSI and flat MACD, showing indecision but medium-term resilience. Traders may consider entry around 140–143 ₹ with exits near 150–155 ₹. The stock is consolidating, awaiting breakout above 151 ₹ for trend continuation toward 160 ₹.