BEML - IntraDay Trade Analysis

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

📉 Intraday Trade Analysis for BEML

Trade Rating: 2.9

BEML showcases a moderately cautious technical setup with slightly weak momentum indicators and elevated valuation. While recent profit jump is encouraging, today's session may demand nimble trading and tight risk management.

⚙️ Technical Breakdown

RSI (37.3): Near oversold zone — may signal a minor bounce but lacks conviction.

MACD (-57.5): Strongly negative and widening gap — bearish bias dominates.

Price (₹4,063) is below 50 DMA (₹4,214) but above 200 DMA (₹3,775) — current position is a pullback in an overall uptrend.

Volume (4.00L) > 1Wk avg (3.82L) — minor pickup, but not enough to confirm trend reversal.

📊 Fundamental View

P/E (57.9) far exceeds industry average (44.5) — richly valued.

Quarterly PAT up 12.0% vs previous — positive signal.

PEG Ratio (1.83) suggests fair growth vs. valuation balance.

Low Debt (0.08) = strong financial structure.

Decline in FII holdings (-1.60%) could dampen sentiment slightly.

🕹️ Intraday Strategy

💡 If initiating a fresh trade today

Optimal Buy Zone: ₹4,045 – ₹4,060 (look for dip near support and short-term bounce)

Profit Target: ₹4,105 – ₹4,130 (below resistance near 50 DMA)

Stop Loss: ₹4,020 (below recent pivot, protects against breakdown)

⏳ Already holding intraday?

Exit Signals

MACD remains deep negative by midday without signs of convergence

Price fails to push past ₹4,100 despite volume strength

RSI slips below 35 and volume drops below 3L after 2 PM

Recommended Exit Timeframe: 2:00–2:30 PM IST, unless sharp reversal appears with strong volume surge post-lunch.

Would you like to scan defense-sector stocks showing better breakout setups? Or dive deeper into BEML's intraday behavior over the past month? I'm all ears and ready to chart the next move 🔍📈

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