ASAHIINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.6

📊 Intraday Trade Analysis for ASAHIINDIA

✅ Bullish Technical Setup

Price near 52-week high (₹922) and above both 50-DMA (₹841) and 200-DMA (₹756): Indicates strong short- and medium-term momentum.

MACD at 14.6 and RSI at 63.6: Bullish indicators, though RSI is approaching overbought territory.

Volume above 1-week average: Suggests active intraday interest.

⚠️ Fundamental & Sentiment Concerns

High P/E (69.0) vs Industry PE (29.1): Valuation is stretched.

Negative PEG (-460) and PAT decline of 30.2%: Weak earnings growth.

FII holding dropped (-0.41%): Slight institutional outflow.

Debt-to-equity at 0.96: High leverage could limit upside.

🎯 Optimal Buy Price for Today

Buy Zone: ₹905–₹910

Ideal entry on minor dip, close to support and below current price.

📈 Profit-Taking & Stop-Loss Levels

Strategy Price Level (₹) Rationale

Target 1 ₹920–₹922 Near 52-week high; likely resistance zone

Target 2 ₹928–₹935 Momentum extension if breakout sustains

Stop-Loss ₹895 Below intraday support and psychological level

🕒 Exit Strategy if Already Holding

Exit if RSI crosses 68 and MACD flattens or turns down.

Volume spike without price rise: Indicates distribution; exit near ₹920–₹922.

Break below ₹895: Signals bearish reversal; exit to protect gains.

Let me know if you'd like to compare this setup with other auto glass or industrial material stocks showing stronger intraday momentum.

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