BHARATFORG - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.0

📊 Intraday Trading Analysis for BHARATFORG

✅ Is BHARATFORG a Good Intraday Candidate?

Yes — BHARATFORG shows strong technical momentum and a bullish setup, though volume and valuation warrant caution

Momentum Indicators

RSI at 68.5: Bullish and nearing overbought — suggests strength but watch for reversal signs.

MACD at +22.8: Strong positive crossover — confirms upward momentum.

Price Action

Trading above both DMA50 (₹1,195) and DMA200 (₹1,226) — confirms bullish structure.

Current price (₹1,270) is well below recent high (₹1,626) — room for upside.

Volume

Current volume (6.41 lakh) is significantly below 1-week average (11.82 lakh) — moderate liquidity, could limit sharp moves.

Fundamentals

ROCE (14.6%) and ROE (13.7%) — decent efficiency.

EPS of ₹29.3 and P/E of 43.5 — overvalued vs industry (29.1).

PEG ratio (3.76) — signals expensive growth.

PAT dipped slightly QoQ — not alarming for short-term trades.

Debt-to-equity (0.39) — manageable leverage.

🎯 Optimal Buy Price (Fresh Entry)

Buy Zone: ₹1,260–₹1,265

Entry near support with tight stop-loss.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹1,285 (minor resistance)

Target 2: ₹1,300 (next breakout zone)

Stop-Loss: ₹1,250 (below intraday support)

🕒 If You Already Hold Today

Exit on Strength

If price breaks ₹1,285 with rising volume and RSI > 70, trail stop-loss to ₹1,270 and aim for ₹1,300.

Exit on Weakness

If price dips below ₹1,250 and MACD flattens or turns negative, consider exiting to protect gains.

⚠️ Final Take

BHARATFORG is a solid intraday candidate today with bullish momentum and technical strength. Use disciplined stop-losses and monitor RSI for signs of exhaustion. Ideal for short-term momentum trades with tight risk controls.

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