⚠ 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.
J&KBANK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | J&KBANK | Market Cap | 13,077 Cr. | Current Price | 119 ₹ | High / Low | 128 ₹ |
| Stock P/E | 6.08 | Book Value | 143 ₹ | Dividend Yield | 1.81 % | ROCE | 6.14 % |
| ROE | 15.7 % | Face Value | 1.00 ₹ | DMA 50 | 112 ₹ | DMA 200 | 106 ₹ |
| Chg in FII Hold | 0.29 % | Chg in DII Hold | 0.08 % | PAT Qtr | 587 Cr. | PAT Prev Qtr | 494 Cr. |
| RSI | 53.6 | MACD | 3.73 | Volume | 61,79,626 | Avg Vol 1Wk | 80,63,651 |
| Low price | 82.0 ₹ | High price | 128 ₹ | PEG Ratio | 0.10 | Debt to equity | 10.0 |
| 52w Index | 79.2 % | Qtr Profit Var | 10.4 % | EPS | 19.5 ₹ | Industry PE | 14.2 |
📊 Technical Analysis
- Chart Patterns: Price is trading above both 50 DMA (₹112) and 200 DMA (₹106), showing bullish undertone.
- RSI: At 53.6, in neutral-to-bullish territory, suggesting moderate strength.
- MACD: Positive (3.73), confirming mild bullish momentum.
- Bollinger Bands: Price near mid-to-upper band, indicating consolidation with upward bias.
- Volume Trends: Current volume (61.8 Lakh) is lower than 1-week average (80.6 Lakh), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Neutral to mildly bullish, supported by positive MACD and RSI above 50.
- Support Zone: ₹112 – ₹115 (near 50 DMA).
- Resistance Zone: ₹125 – ₹128 (recent high).
- Trend: Currently consolidating with bullish bias.
✅ Positive
- Strong ROE (15.7%) compared to peers.
- EPS at ₹19.5 reflects solid earnings capability.
- Quarterly PAT improved (₹587 Cr vs ₹494 Cr).
- FII (+0.29%) and DII (+0.08%) holdings increased, showing institutional confidence.
- PEG ratio of 0.10 indicates attractive valuation relative to growth.
- Dividend yield of 1.81% provides shareholder returns.
- 52-week index performance at 79.2% shows strong long-term momentum.
⚠️ Limitation
- ROCE (6.14%) is modest compared to peers.
- Debt-to-equity ratio of 10.0 indicates high leverage risk.
- Volume participation weaker than average, reducing conviction in breakout potential.
📉 Company Negative News
- High debt levels remain a concern.
- ROCE relatively weak compared to industry standards.
📈 Company Positive News
- Quarterly PAT growth of 10.4% sequentially.
- EPS at ₹19.5 shows consistent profitability.
- Institutional investors increasing stake (FII & DII).
🏭 Industry
- Industry PE at 14.2 vs J&KBANK’s PE of 6.08, suggesting undervaluation.
- Banking sector outlook remains strong with credit growth and improving profitability.
🔎 Conclusion
- J&KBANK is in a consolidation phase with bullish bias.
- Optimal entry: ₹112 – ₹115 (support zone).
- Exit/Profit booking: ₹125 – ₹128 (resistance zone).
- Short-term traders can play the range; long-term investors may accumulate gradually given undervaluation and strong fundamentals, though high leverage remains a risk.