ACE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | ACE | Market Cap | 9,959 Cr. | Current Price | 835 ₹ | High / Low | 1,390 ₹ |
| Stock P/E | 22.9 | Book Value | 149 ₹ | Dividend Yield | 0.24 % | ROCE | 40.1 % |
| ROE | 28.5 % | Face Value | 2.00 ₹ | DMA 50 | 881 ₹ | DMA 200 | 1,004 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | -0.07 % | PAT Qtr | 116 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 42.8 | MACD | -14.0 | Volume | 2,61,971 | Avg Vol 1Wk | 2,40,717 |
| Low price | 775 ₹ | High price | 1,390 ₹ | PEG Ratio | 0.41 | Debt to equity | 0.08 |
| 52w Index | 9.71 % | Qtr Profit Var | 8.15 % | EPS | 36.5 ₹ | Industry PE | 29.2 |
📊 Analysis: ACE shows moderate strength for intraday trading. RSI at 42.8 indicates neutral momentum, while MACD (-14.0) is slightly negative, suggesting mild bearish sentiment. Current price (₹835) is below both 50 DMA (₹881) and 200 DMA (₹1,004), showing short-term weakness. Volume today (2.6 lakh) is slightly above average (2.4 lakh), indicating active participation. Fundamentals remain strong with high ROCE (40.1%) and ROE (28.5%), though price action is weak compared to recent highs.
💰 Optimal Buy Price: Entry near ₹825–₹835 if support holds.
📈 Profit Exit Levels: ₹850–₹865 (short-term resistance).
📉 Stop-Loss: ₹815 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹840 or if momentum indicators remain negative with weakening volume. Consider partial profit booking near ₹850 resistance.
Positive
- Market cap of ₹9,959 Cr. provides stability.
- Strong ROCE (40.1%) and ROE (28.5%).
- Quarterly PAT improved from ₹104 Cr. to ₹116 Cr.
- EPS of ₹36.5 is healthy.
- Low debt-to-equity ratio (0.08).
Limitation
- Current price below both 50 DMA and 200 DMA.
- MACD indicates mild bearish momentum.
- RSI near neutral, not showing strong reversal.
Company Negative News
- DII holding decreased (-0.07%).
- Price significantly below 52-week high (₹1,390).
Company Positive News
- FII holding increased slightly (+0.04%).
- Quarterly profit growth (+8.15%) shows operational improvement.
Industry
- Industry P/E is 29.2, higher than ACE’s P/E of 22.9, suggesting undervaluation.
- Sector sentiment remains positive with strong demand in construction equipment.
Conclusion
✅ ACE is a moderately good intraday candidate today. Strong fundamentals and decent profit growth support stability, but technical indicators show short-term weakness. Traders can consider entries near support with strict stop-losses and aim for short-term resistance levels for profit booking.