ATUL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | ATUL | Market Cap | 18,616 Cr. | Current Price | 6,327 ₹ | High / Low | 7,793 ₹ |
| Stock P/E | 36.0 | Book Value | 1,973 ₹ | Dividend Yield | 0.40 % | ROCE | 11.9 % |
| ROE | 8.64 % | Face Value | 10.0 ₹ | DMA 50 | 6,025 ₹ | DMA 200 | 6,261 ₹ |
| Chg in FII Hold | -0.86 % | Chg in DII Hold | 0.46 % | PAT Qtr | 121 Cr. | PAT Prev Qtr | 172 Cr. |
| RSI | 60.4 | MACD | 46.1 | Volume | 13,058 | Avg Vol 1Wk | 32,624 |
| Low price | 4,752 ₹ | High price | 7,793 ₹ | PEG Ratio | -4.45 | Debt to equity | 0.00 |
| 52w Index | 51.8 % | Qtr Profit Var | 30.8 % | EPS | 176 ₹ | Industry PE | 27.4 |
📊 Analysis: ATUL shows moderate intraday potential. Current price (₹6,327) is trading above both 50 DMA (₹6,025) and 200 DMA (₹6,261), indicating short-term bullish bias. RSI at 60.4 suggests healthy momentum without being overbought. MACD (46.1) is positive, confirming upward momentum. However, intraday volume (13,058) is significantly lower than average weekly volume (32,624), which limits strong breakout potential.
💹 Optimal Buy Price: ₹6,300 – ₹6,340 (near support zone).
🎯 Profit-Taking Levels: ₹6,420 – ₹6,480 (short-term resistance).
🛡️ Stop-Loss: ₹6,250 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹6,300 with weakening momentum or if RSI dips below 55 intraday. If volume strengthens with price action, partial profit booking near ₹6,450 is advisable.
Positive
- Strong EPS (₹176) supports earnings stability.
- Trading above both 50 DMA and 200 DMA, showing bullish technical setup.
- Debt-free company (Debt-to-equity 0.00), ensuring financial safety.
- Dividend yield of 0.40% provides some passive return.
Limitation
- ROCE (11.9%) and ROE (8.64%) are relatively modest compared to peers.
- Quarterly PAT declined (₹121 Cr vs ₹172 Cr), showing earnings pressure.
- PEG ratio (-4.45) indicates weak growth relative to valuation.
- Intraday volume is lower than average, limiting strong momentum.
Company Negative News
- FII holdings declined (-0.86%), suggesting reduced foreign investor confidence.
- Quarterly profit drop highlights near-term challenges.
Company Positive News
- DII holdings increased (+0.46%), showing domestic institutional support.
- Stock trading well above 52-week low (₹4,752), reflecting recovery strength.
Industry
- Industry P/E at 27.4 indicates sector stability, though ATUL trades at a premium (36.0).
- Chemicals sector remains cyclical but offers volatility for intraday opportunities.
Conclusion
⚖️ ATUL is a moderately good candidate for intraday trading today. Technicals favor a bullish bias, but weak volume and declining quarterly profits limit upside momentum. Best strategy is cautious entry near ₹6,300 with tight stop-loss and profit booking around ₹6,450.