⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BANKINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | BANKINDIA | Market Cap | 69,201 Cr. | Current Price | 152 ₹ | High / Low | 170 ₹ |
| Stock P/E | 6.84 | Book Value | 186 ₹ | Dividend Yield | 2.60 % | ROCE | 6.15 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 149 ₹ | DMA 200 | 131 ₹ |
| Chg in FII Hold | 1.58 % | Chg in DII Hold | -0.45 % | PAT Qtr | 2,705 Cr. | PAT Prev Qtr | 2,555 Cr. |
| RSI | 46.2 | MACD | 4.33 | Volume | 1,90,39,121 | Avg Vol 1Wk | 1,70,67,043 |
| Low price | 92.7 ₹ | High price | 170 ₹ | PEG Ratio | 0.17 | Debt to equity | 11.7 |
| 52w Index | 76.8 % | Qtr Profit Var | 7.47 % | EPS | 22.3 ₹ | Industry PE | 7.64 |
📈 Technical Analysis
- Chart Patterns: Price is above both 50 DMA (149 ₹) and 200 DMA (131 ₹), showing strength.
- Moving Averages: Current price (152 ₹) is slightly above DMAs, indicating bullish bias.
- RSI: At 46.2, neutral, suggesting consolidation with mild upside potential.
- MACD: Positive (4.33), confirming bullish momentum.
- Bollinger Bands: Price is mid-range, showing consolidation with potential breakout.
- Volume Trends: Current volume (1,90,39,121) is higher than 1-week average (1,70,67,043), indicating strong participation.
📊 Momentum & Trend
- Short-term Momentum: Bullish with MACD positive and RSI stable.
- Support Zone: 148 ₹ – 150 ₹ (near 50 DMA).
- Resistance Zone: 160 ₹ – 165 ₹ (near recent highs).
- Trend: Trending upward with bullish bias.
- Optimal Entry: Around 148 ₹ – 150 ₹ if support holds.
- Optimal Exit: Around 160 ₹ – 165 ₹ unless breakout continues.
✅ Positive
- EPS of 22.3 ₹ supports valuation.
- Dividend yield of 2.60% provides investor returns.
- Quarterly PAT growth (2,705 Cr vs 2,555 Cr), showing earnings improvement.
- FII holding increased (+1.58%), showing stronger foreign investor confidence.
- PEG ratio (0.17) indicates attractive valuation relative to growth.
⚠️ Limitation
- ROCE (6.15%) is modest compared to peers.
- High debt-to-equity ratio (11.7) indicates significant leverage risk.
- RSI at 46.2 suggests limited momentum strength.
📉 Company Negative News
- DII holding decreased (-0.45%), showing weaker domestic institutional sentiment.
- Quarterly profit variation (+7.47%) is modest compared to sector peers.
📈 Company Positive News
- Quarterly PAT growth indicates operational improvement.
- FII holding increased (+1.58%), reflecting foreign investor confidence.
🏭 Industry
- Industry PE at 7.64, slightly higher than company PE (6.84), suggesting undervaluation.
- Sector outlook remains steady with consistent demand in banking.
🔎 Conclusion
- Stock is trending upward with bullish signals but faces resistance near 160 ₹ – 165 ₹.
- Entry near support (148 ₹ – 150 ₹) could be favorable for short-term trades.
- Exit near resistance (160 ₹ – 165 ₹) unless breakout confirms further upside.
- Long-term investors may benefit from strong EPS and dividend yield, but should monitor leverage risks and modest ROCE.