AFCONS - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.4

⚠️ Intraday Trading Analysis for AFCONS (Afcons Infrastructure Ltd.)

AFCONS is a weak-to-moderate candidate for intraday trading today, with bearish technical indicators and declining profitability. While volume is slightly above average and the stock is near a support zone, momentum remains weak and institutional sentiment is mixed.

🔍 Key Technical & Fundamental Insights

❌ Bearish Technicals

RSI at 28.3: Deeply oversold — potential for bounce, but no confirmation yet.

MACD at -7.00: Negative crossover — confirms short-term downtrend.

Current Price ₹397 < DMA50 ₹429 and DMA200 ₹452: Trading well below key averages — trend remains negative.

52w Index at 7.76%: Near yearly lows — very weak relative strength.

⚖️ Mixed Fundamentals

ROCE 19.6% & ROE 11.1%: Reasonable capital efficiency.

EPS ₹13.2 vs. P/E 29.8: Slightly overvalued compared to industry PE of 23.8.

PAT Qtr ₹111 Cr vs. Prev Qtr ₹149 Cr: Declining profits — weak earnings momentum.

Qtr Profit Var -23.4%: Significant drop in profitability.

PEG Ratio 2.78: Growth is overpriced.

Debt-to-Equity 0.45: Healthy leverage — financial stability.

⚠️ Sentiment Signals

FII Holding Change -2.41%: Strong foreign selling — sentiment negative.

DII Holding Change +2.46%: Domestic support — mildly positive.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹392–₹395 Entry only if RSI climbs above 32 and MACD flattens with volume exceeding 13L.

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹408 — minor resistance

Target 2: ₹418 — near short-term pivot zone

Stop-Loss / Loss Protection

Stop-Loss: ₹388 — below recent support and psychological level

📈 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 27 or MACD widens further negatively

Price fails to hold above ₹395 post 12:00 PM IST

Volume Watch

If volume fades below 11L and price stagnates, consider exiting near ₹405

Trailing Stop Strategy

If price crosses ₹410, trail stop-loss upward by ₹6–₹8 increments

Would you like a scan of infrastructure or construction sector stocks with stronger intraday setups and better institutional sentiment?

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