BASF - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for BASF

Trade Rating: 2.6

BASF appears technically neutral with a minor bearish bias for today's session. The setup isn't ideal for a sharp intraday move, but disciplined scalping near support and resistance zones could offer limited upside.

🔍 Technical Pulse

RSI (50.1): Flat and neutral — no momentum advantage.

MACD (-4.71): Mildly bearish crossover suggests pressure on price direction.

Price (₹5,052) is hovering near DMA 50 (₹5,004) and DMA 200 (₹5,039) — ranging zone, lacks breakout strength.

Volume (26.8K) is slightly above weekly average (24.4K) — decent interest but not aggressive participation.

🧾 Fundamental Snapshot

P/E (47.8) vs Industry P/E (34.4): Overvalued on relative basis.

Quarterly PAT crashed (-87.1%): Huge decline, likely weighing on sentiment.

ROE (13.4%) / ROCE (17.5%): Reasonable return metrics, but not strong enough to offset weak earnings.

Minimal Institutional Movement (FII -0.08%, DII +0.01%) = Flat bias.

🕹️ Intraday Strategy

If initiating fresh position

Buy Range: ₹5,035 – ₹5,045 (buy on dip near support at DMA zones)

Profit Target: ₹5,085 – ₹5,100 (short-term resistance zone)

Stop Loss: ₹5,015 (tight risk control below moving average support)

Already holding intraday

Exit Signals

Price fails to clear ₹5,080 even with rising volume

RSI dips below 48 with MACD gap widening

Volume drops below 20K post-lunch — indicating fade in conviction

Suggested Exit Timeframe: 2:00–2:30 PM IST, if the price action doesn’t pick up.

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