ASIANPAINT - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.1

📊 Intraday Trade Analysis for ASIANPAINT

✅ Supportive Factors

Price at 50-DMA (₹2,478) and above 200-DMA (₹2,471): Indicates technical support and potential for bounce.

MACD at 5.34: Mild bullish divergence.

Strong ROCE (27.3%) and ROE (20.7%): Operational efficiency remains robust.

DII holding increased (+5.47%): Domestic institutions showing confidence.

Low debt-to-equity (0.06): Financially stable.

⚠️ Cautionary Signals

RSI at 44.3: Weak momentum, hovering near neutral zone.

Volume below 1-week average: Indicates subdued intraday interest.

High P/E (63.2) and PEG (8.93): Valuation is stretched.

FII holding declined (-0.38%): Slight foreign institutional outflow.

Quarterly PAT dropped (-7.53%): Earnings pressure visible.

52w Index at 28.7%: Stock is trading in lower third of its yearly range, suggesting lack of momentum.

🎯 Optimal Buy Price for Today

Buy Zone: ₹2,460–₹2,470

Ideal entry on dip near 200-DMA support, offering low-risk bounce potential.

📈 Profit-Taking & Stop-Loss Levels

Strategy Price Level (₹) Rationale

Target 1 ₹2,490–₹2,500 Minor resistance zone; scalp opportunity

Target 2 ₹2,515–₹2,525 Momentum extension if bounce sustains

Stop-Loss ₹2,445 Below 200-DMA and psychological support

🕒 Exit Strategy if Already Holding

Exit if RSI drops below 42 and MACD flattens or turns negative.

Volume spike without price rise: Indicates distribution; exit near ₹2,490–₹2,500.

Break below ₹2,445: Signals bearish continuation; exit to protect capital.

This setup favors cautious scalping or bounce trades rather than aggressive intraday positioning. Let me know if you'd like to scan other FMCG or consumer discretionary stocks with stronger momentum today.

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