ASHOKLEY - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.3

📊 Intraday Trade Analysis for ASHOKLEY

✅ Bullish Indicators

Price near 52-week high (₹140) and trading above 50-DMA (₹128) and 200-DMA (₹118): Strong uptrend confirmation.

RSI at 67.6: Bullish momentum, nearing overbought zone.

MACD at 2.87: Positive divergence supports continuation.

Volume (1.73 Cr.) above 1-week average: Strong intraday interest.

ROCE (36.5%) and ROE (31.4%): Excellent operational efficiency.

PEG Ratio of 0.06: Extremely attractive valuation relative to growth.

⚠️ Cautionary Signals

PAT dropped from ₹1,255 Cr. to ₹594 Cr.: Indicates earnings volatility.

DII holding declined (-0.45%): Slight domestic institutional outflow.

RSI nearing 70: May trigger short-term profit booking.

🎯 Optimal Buy Price for Today

Buy Zone: ₹137.5–₹138.2

Ideal entry on minor dip, just below current price and near intraday support.

📈 Profit-Taking & Stop-Loss Levels

Strategy Price Level (₹) Rationale

Target 1 ₹140–₹142 Near 52-week high; psychological resistance

Target 2 ₹144–₹146 Momentum extension if breakout sustains

Stop-Loss ₹135.5 Below intraday support and breakout base

🕒 Exit Strategy if Already Holding

Exit if RSI crosses 70 and MACD flattens or turns negative.

Volume spike without price rise: Indicates distribution; exit near ₹140–₹142.

Break below ₹135.5: Signals bearish reversal; exit to protect gains.

ASHOKLEY is showing strong momentum and volume, making it a solid candidate for intraday breakout trades. Want to scan other auto sector stocks with similar setups?

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