Summary
Price continues to respect an ascending channel on the daily chart; Ichimoku cloud is acting as dynamic support.
With Q1 FY26 showing 12% YoY PAT growth, strong capital, and a 1:1 bonus plus ₹5 dividend, dips are being defended while NIM remains the watch item.
Chart Thesis
Structure: Higher highs/lows inside channel; consolidation near ₹2,000 with cloud support below.
Levels:
Long zone: ₹1,930–₹1,960 (cloud/median line)
Invalidation: Daily close <₹1,900
Targets: ₹2,030 → ₹2,080–₹2,120
Context:
PE ~20.9x TTM, near long‑term average; asset quality GNPA 1.40%, NNPA 0.47%.
Fundamentals
Q1 FY26: NII +5.4% YoY, NIM 3.35%, provisions elevated for buffers; deposits +16% YoY; CAR ~19.9%.
Corporate actions: 1:1 bonus; ₹5 special dividend with recent record dates.
Plan
Prefer buy‑the‑dip strategy inside the channel; trail stops under swing lows; reassess if price closes below ₹1,900.
Disclaimer: Educational analysis, not investment advice. Manage risk and position sizing.
Price continues to respect an ascending channel on the daily chart; Ichimoku cloud is acting as dynamic support.
With Q1 FY26 showing 12% YoY PAT growth, strong capital, and a 1:1 bonus plus ₹5 dividend, dips are being defended while NIM remains the watch item.
Chart Thesis
Structure: Higher highs/lows inside channel; consolidation near ₹2,000 with cloud support below.
Levels:
Long zone: ₹1,930–₹1,960 (cloud/median line)
Invalidation: Daily close <₹1,900
Targets: ₹2,030 → ₹2,080–₹2,120
Context:
PE ~20.9x TTM, near long‑term average; asset quality GNPA 1.40%, NNPA 0.47%.
Fundamentals
Q1 FY26: NII +5.4% YoY, NIM 3.35%, provisions elevated for buffers; deposits +16% YoY; CAR ~19.9%.
Corporate actions: 1:1 bonus; ₹5 special dividend with recent record dates.
Plan
Prefer buy‑the‑dip strategy inside the channel; trail stops under swing lows; reassess if price closes below ₹1,900.
Disclaimer: Educational analysis, not investment advice. Manage risk and position sizing.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.