ALKEM - IntraDay Trade Analysis

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

IntraDay Trade Rating: 4.4

📊 Intraday Trading Analysis for ALKEM (Alkem Laboratories Ltd.)

ALKEM is a strong candidate for intraday trading today, backed by bullish momentum indicators, solid fundamentals, and price action near key moving averages. While volume is slightly below average, the RSI and MACD suggest continued upward momentum.

🔍 Key Technical & Fundamental Insights

⚙️ Technical Snapshot

RSI at 63.4: Bullish — approaching overbought, but still strong.

MACD at +37.9: Strong bullish crossover — momentum intact.

Current Price ₹5,071 > DMA50 ₹4,948 and ≈ DMA200 ₹5,076: Trading above short-term average and near long-term pivot — trend confirmation.

Volume Today (83K) ≈ Avg Vol 1Wk (85K): Stable liquidity — sufficient for intraday action.

52w Index at 29.7%: Undervalued relative to yearly high — room for upside.

📈 Fundamental Overview

ROCE 20.4% & ROE 19.4%: Excellent capital efficiency.

EPS ₹181 vs. P/E 28.0: Reasonably valued vs. industry PE of 34.0.

PEG Ratio 3.02: Slightly high — growth priced in.

Debt-to-Equity 0.12: Low leverage — financial stability.

PAT Qtr ₹306 Cr vs. Prev Qtr ₹626 Cr: Sequential decline, but still strong.

DII Holding Change +2.38%: Strong domestic institutional interest.

FII Holding Change -0.29%: Mild foreign selling — not a major concern.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹5,060–₹5,072 Entry on sustained price above ₹5,065 with volume >90K and MACD slope rising.

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹5,120 — minor resistance zone

Target 2: ₹5,165 — breakout level from recent consolidation

Stop-Loss / Loss Protection

Stop-Loss: ₹5,035 — below 50-DMA and psychological ₹5,050 level

📉 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 60 or MACD flattens

Price fails to hold above ₹5,060 post 1:00 PM IST

Volume Watch

If volume drops below 75K and price stalls near ₹5,080, consider partial exit

Momentum Exit Strategy

If price hits ₹5,160+, trail stop-loss upward by ₹20–₹25 increments

Exit fully if price reverses sharply from ₹5,165 with rising sell volume

Would you like a filtered list of other pharma stocks with RSI between 55–65 and MACD crossovers for intraday setups?

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