ASAHIINDIA - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.2

🪟 Intraday Trading Analysis for ASAHIINDIA (Asahi India Glass Ltd.)

ASAHIINDIA shows a mildly positive setup for intraday trading, but lacks strong momentum and volume confirmation. While the stock is technically in an uptrend and has posted decent quarterly growth, its high valuation, low liquidity, and neutral RSI suggest limited upside for short-term trades.

🔍 Key Technical & Fundamental Highlights

⚖️ Neutral Technicals

RSI at 55.0: Slightly bullish — but not strong enough for breakout conviction.

MACD at +19.3: Mild bullish crossover — trend continuation possible.

Current Price ₹832 > DMA50 ₹787 and DMA200 ₹714: Positive trend — but nearing resistance.

Volume Today (96.6K) < Avg Vol 1Wk (1.33L): Weak participation — low intraday interest.

52w Index at 85.1%: Near yearly highs — limited breakout room.

⚠️ Mixed Fundamentals

ROCE 12.6% & ROE 13.7%: Moderate efficiency.

EPS ₹15.3 vs. P/E 58.7: Highly overvalued — premium pricing.

PEG Ratio 83.9: Extremely expensive relative to growth.

Debt-to-Equity 1.01: High leverage — balance sheet risk.

PAT Qtr ₹91.5 Cr vs. Prev Qtr ₹80.8 Cr: Decent growth.

Qtr Profit Var +25.0%: Strong YoY performance.

FII Holding Change -0.41%: Mild foreign exit.

DII Holding Change +0.15%: Slight domestic support.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹828–₹832 Entry only if price sustains above ₹830 with volume rising above 1.5L and RSI climbing toward 58+

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹842 — minor resistance

Target 2: ₹854 — upper range before 52-week high

Stop-Loss / Loss Protection

Stop-Loss: ₹820 — below intraday support and psychological ₹825 level

📉 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 52 or MACD flattens

Price fails to hold above ₹830 by mid-session (around 1:00 PM IST)

Volume Watch

If volume remains below 1L and price stalls near ₹832, consider exiting to avoid stagnation

Momentum Exit Strategy

If price hits ₹842+, trail stop-loss upward by ₹6–₹8 increments

Exit fully if price reverses from ₹850+ with rising sell pressure

Would you like a scan of mid-cap industrial or specialty glass stocks with stronger intraday setups and lower PEG ratios for better short-term value?

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