BATAINDIA - IntraDay Trade Analysis

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

📉 Intraday Trade Analysis – BATAINDIA

IntraDay Trade Rating: 3.2

BATAINDIA isn't flashing aggressive bullish signals for intraday play today, but it's not a lost cause either. Fundamentals are still solid for the long term, yet technical indicators and volume suggest caution. A disciplined, scalp-style strategy might work best if momentum builds midday.

📊 Technical Overview

RSI (38.3): Near oversold, indicating weakened momentum. Not yet signaling a reversal.

MACD (-7.63): Deep in negative territory — short-term trend still bearish.

Price (₹1,196) is below both 50-DMA (₹1,226) and 200-DMA (₹1,288) — technical breakdown in play.

Volume (88K) is slightly under 1-week average (101K) — indicating lackluster market interest early on.

🧾 Fundamental Notes

High P/E (63.6) vs Industry PE (42.9): Richly valued.

EPS (₹25.7) + Dividend Yield (1.59%): Supports longer-term stability.

ROE (15.6%) / ROCE (15.1%): Fair operational strength.

Quarterly Profit Decline (-27.9%) may be weighing on sentiment.

Negative FII & DII flows: Minor but aligned with subdued technical tone.

🎯 Intraday Strategy

✅ If Entering New Trade

Buy Zone: ₹1,190 – ₹1,196 (on dip with volume support and bullish reversal candle)

Profit Target: ₹1,205 – ₹1,215 (potential resistance zone below 50-DMA)

Stop Loss: ₹1,182 (tight risk guard below recent support)

⏳ Already Holding Today?

Watch for these Exit Signals

Price fails to breach ₹1,200–₹1,205 despite volume building post-lunch.

RSI dips below 37, MACD stays negative with widening gap.

Volume stays below 80K after 2:00 PM IST — points to loss of momentum.

Recommended Exit Window: 2:15–2:45 PM IST, especially if no breakout develops above ₹1,205.

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