RBLBANK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.1

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹326
• RSI (71.0): Overbought — strong momentum but risk of short-term pullback
• MACD (13.7): Bullish crossover — upward momentum confirmed
• Volume: Below average (64.87L vs 102.28L) — momentum slowing
• DMA 50/200: Price above both (₹286 & ₹242) — bullish trend confirmation
• Bollinger Bands: Price near upper band — resistance likely near ₹330–₹335

📈 Entry & Exit Zones

• Support Levels: ₹310 / ₹295 / ₹275
• Resistance Levels: ₹331 / ₹345 / ₹360
• Optimal Entry: ₹310–₹315 (on pullback from overbought zone)
• Exit Target: ₹345–₹360 (if momentum sustains)

✅ Positive

• Price above 50 & 200 DMA — strong bullish confirmation
• MACD and RSI indicate strong momentum
• PEG ratio of 0.33 — undervalued relative to growth
• DII holding increased by 0.91% — domestic investor confidence

⚠️ Limitation

• RSI above 70 — overbought zone, potential for short-term correction
• Volume below average — weakening participation
• High P/E (41.7) vs industry average (14.6) — premium valuation

📉 Company Negative News

• FII holding declined by 2.07% — foreign investor caution
• Quarterly PAT dropped from ₹200 Cr to ₹179 Cr — 19.8% decline

📈 Company Positive News

• EPS of ₹7.87 and 52-week price gain of 97.1% — strong long-term performance
• Dividend yield of 0.31% — modest but consistent returns

🏢 Industry

• RBLBANK operates in the banking sector — cyclical and interest-rate sensitive
• Industry P/E is 14.6 — RBLBANK trades at a significant premium
• Sector benefits from credit growth and digital banking expansion

🧾 Conclusion

• RBLBANK is currently trending upward with strong technical momentum
• Entry near ₹310 may offer upside toward ₹360 if momentum continues
• Valuation is stretched and volume is cooling — suitable for short-term momentum traders with caution on overbought signals