ACMESOLAR - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 4.2

ACME Solar Holdings Ltd (ACMESOLAR) shows strong potential for intraday trading today, supported by bullish momentum, favorable technical indicators, and high volume. Here's the full analysis

🔍 Technical & Momentum Snapshot

Indicator Value Interpretation

Current Price ₹287 Near recent highs — bullish setup

RSI 59.0 Bullish zone, not yet overbought

MACD +8.74 Bullish crossover — momentum building

Volume 47.6 lakh Above 1-week average — strong interest

50 DMA ₹260 Price is above — short-term strength

200 DMA ₹240 Price is well above — long-term bullish

Price Action Higher highs and higher lows — trend intact

📈 Intraday Trade Setup

If entering a fresh trade

Optimal Buy Price: ₹289 (above minor resistance and intraday pivot)

Profit Target: ₹295–₹298

Stop-Loss: ₹283 (below intraday support)

If already holding intraday

Exit on Weakness: If price breaks below ₹283 with rising volume and RSI dips below 55, consider exiting.

Exit on Strength: Book profits near ₹295–₹298 if RSI crosses 65 and volume sustains.

⚠️ Fundamental & Sentiment Check

ROCE (8.4%) & ROE (7.5%): Moderate efficiency.

Debt-to-Equity (2.43): High leverage — adds risk.

PEG Ratio (0.88): Reasonably valued for growth.

P/E (42.5) vs. Industry PE (41.2): Fairly priced.

FII Holding: Increased by +1.02% — positive sentiment.

Quarterly PAT Growth: +10,170% — massive earnings surge.

📌 Summary

ACMESOLAR is a strong intraday candidate today, with bullish momentum, high volume, and favorable price action. Traders can consider entering above ₹289 with tight risk management. If already holding, monitor ₹283 as key support and ₹295–₹298 as a potential exit zone.

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