BALRAMCHIN - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Analysis – BALRAMCHIN
IntraDay Trade Rating: 3.5
BALRAMCHIN shows a mixed intraday trading setup with some potential upside, supported by steady fundamentals and a recent jump in quarterly profits. However, momentum indicators are currently neutral to weak, and volume is slightly underwhelming, which suggests short bursts may be more likely than sustained rallies.
🔍 Technical Pulse
RSI (42.8): Near neutral with a slight bearish undertone — not oversold, but lacks thrust.
MACD (-0.09): Barely negative, indicating indecision or pause in trend.
Price (₹590) is near the 50-DMA (₹592) and well above 200-DMA (₹549) — balanced technical posture.
Volume (2.56L) vs Avg (2.77L): Slightly below average, points to a potentially quiet session unless midday volume spikes.
🧾 Fundamental Picture
ROE (12.1%) & ROCE (11.1%): Solid but not standout — stability over agility.
Qtr Profit Growth (+12.6%): Encouraging uptick; supports sentiment.
PEG (-13.0): Negative due to inconsistent growth — avoid long-term extrapolation.
Debt/Equity (0.69): Reasonable leverage for sector.
DII Support (+0.89%) vs FII exit (-0.02%)**: Mild domestic institutional confidence.
📌 Intraday Strategy
✅ Fresh Entry Consideration
Buy Zone: ₹586 – ₹590 (look for minor dip followed by stabilization)
Profit Booking Range: ₹596 – ₹600 (resistance near recent highs and psychological level)
Stop Loss: ₹582 (protects against breakdown below minor support)
⏳ Already Holding Today?
Exit Triggers to Watch
RSI falls below 40 with no price acceleration — suggests weakening drive.
Price fails to hold above ₹592 by midday despite any volume bump.
MACD dips further negative post-1 PM — momentum waning.
Volume drops below 2.30L after 2:00 PM IST — intraday interest fading.
Suggested Exit Window: 2:15–3:00 PM IST, especially if price action stalls below ₹595.
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