ASTRAZEN - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.9

Here’s a detailed breakdown of ASTRAZEN’s intraday trading potential based on current metrics and technical indicators

📉 Technical & Momentum Snapshot

RSI (44.9): Below neutral, indicating weak momentum.

MACD (-20.8): Bearish crossover, suggesting downward pressure.

Volume (17,347 vs Avg 23,611): Lower than average, showing reduced intraday interest.

Price vs DMA: Trading below 50-DMA (8,995 ₹), which may act as resistance.

📈 Intraday Strategy

If considering a fresh intraday position

Optimal Buy Price: Around 8,820–8,850 ₹, ideally near intraday support.

Profit-Taking Targets

Target 1: 8,950 ₹ (minor resistance)

Target 2: 9,020 ₹ (stronger resistance zone)

Stop-Loss: 8,780 ₹ (below recent support and psychological level)

If already holding the stock intraday

Exit on Weakness: If price breaks below 8,800 ₹ with rising volume and MACD divergence.

Exit on Strength: If price nears 9,000 ₹ but RSI fails to cross 50—indicating limited upside.

⚠️ Risk Factors

Extremely High P/E (127) vs Industry PE (32): Valuation is stretched.

Bearish MACD & RSI: Weak technical momentum.

Low intraday volume: May lead to poor liquidity and execution.

Would you like to compare ASTRAZEN with another pharma stock or explore swing trading setups instead? I’ve got plenty of insights to share.

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