BALKRISIND - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.7

📊 Intraday Trading Analysis for BALKRISIND

✅ Is BALKRISIND a Good Intraday Candidate?

Moderately yes. The stock shows a mix of technical strength and caution signals

Momentum Indicators

RSI at 61.7: Bullish, suggesting upward momentum but nearing overbought territory.

MACD at -0.49: Slightly bearish — momentum is flattening, not accelerating.

Price Action

Trading above DMA50 (₹2,457) but below DMA200 (₹2,581) — short-term strength but long-term resistance overhead.

Volume

Slightly below average (1.86 lakh vs 2.08 lakh) — moderate liquidity, not ideal for aggressive scalping.

Fundamentals

ROCE (16.5%) and ROE (15.5%) — solid efficiency.

EPS of ₹74.4 and P/E of 33.7 — fairly valued relative to industry.

Qtr Profit Var: -39.8% — recent earnings dip, a cautionary flag.

PEG ratio (7.74) — indicates overvaluation.

🎯 Optimal Buy Price (Fresh Entry)

Buy Zone: ₹2,490–₹2,500

Entry near minor support with tight stop-loss.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹2,525 (minor resistance)

Target 2: ₹2,545 (near DMA200)

Stop-Loss: ₹2,475 (below intraday support)

🕒 If You Already Hold Today

Exit on Strength

If price breaks ₹2,525 with rising volume and RSI > 64, trail stop-loss to ₹2,510 and aim for ₹2,545.

Exit on Weakness

If price dips below ₹2,475 and MACD remains negative, consider exiting to protect gains.

⚠️ Final Take

BALKRISIND is a decent intraday candidate with short-term bullishness but limited momentum and volume. Best suited for cautious trades with disciplined exits.

Want to compare this with other auto or tire sector stocks for stronger setups?

Edit in a page