BALRAMCHIN - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 2.8

📉 Intraday Trading Analysis for BALRAMCHIN

❌ Is BALRAMCHIN a Good Intraday Candidate?

Not ideal. The stock shows weak technical momentum and deteriorating fundamentals, making it a low-conviction intraday trade today

Momentum Indicators

RSI at 35.4: Bearish — approaching oversold territory, but no reversal signal yet.

MACD at -15.2: Strong negative crossover — confirms downward pressure.

Price Action

Trading well below both DMA50 (₹557) and DMA200 (₹549) — bearish structure.

Volume

Current volume (7.49 lakh) is above 1-week average (5.12 lakh) — indicates selling pressure, not bullish interest.

Fundamentals

ROCE (9.84%) and ROE (10.1%) — modest efficiency.

EPS of ₹16 and P/E of 32.4 — overvalued relative to industry (19.2).

Qtr Profit Var: -33.3% — sharp earnings decline.

PEG ratio (-3.25) — signals poor growth outlook.

Debt-to-equity (0.73) — moderately leveraged.

🎯 Optimal Buy Price (If Trading)

Buy Zone: ₹510–₹515

Only consider entry if price stabilizes and MACD flattens.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹525 (minor resistance)

Target 2: ₹535 (next breakout level)

Stop-Loss: ₹505 (below intraday support)

🕒 If You Already Hold Today

Exit on Weakness

If price dips below ₹505 and MACD remains negative, exit to avoid deeper losses.

Exit on Strength

If price breaks ₹525 with rising volume and RSI > 40, trail stop-loss to ₹515 and aim for ₹535.

⚠️ Final Take

BALRAMCHIN is under pressure both technically and fundamentally. Only suitable for cautious scalping if price action improves. Better to wait for a reversal signal or shift to a more liquid, directional stock.

Want help scanning for stronger setups in the sugar or agri-processing sector?

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