BHARTIHEXA - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.8

Bharti Hexacom (BHARTIHEXA) shows moderate potential for intraday trading today. Here's a detailed breakdown of its technical setup and trading strategy

📊 Technical & Momentum Overview

RSI (55.2): Slightly bullish, indicating mild upward momentum.

MACD (0.21): Positive but flat—momentum is present but not strong.

Volume (1.48L vs Avg 1.61L): Slightly below average, suggesting cautious participation.

Price vs DMA: Trading above both 50-DMA (1,786 ₹) and 200-DMA (1,557 ₹)—bullish zone.

📈 Intraday Strategy

If considering a fresh position

Optimal Buy Zone: Around 1,835–1,840 ₹, ideally near intraday support and VWAP.

Profit Targets

Target 1: 1,865 ₹ (minor resistance)

Target 2: 1,890 ₹ (near recent swing high)

Stop-Loss: 1,820 ₹ (below support and psychological level)

If already holding intraday

Exit on Weakness: If price breaks 1,825 ₹ with rising volume and MACD turns negative.

Exit on Strength: If price nears 1,880 ₹ but RSI fails to cross 60—indicating momentum exhaustion.

⚠️ Risk Factors

High P/E (69.3) vs Industry PE (49.9): Valuation is elevated.

Debt-to-Equity (1.24): Moderate leverage—watch for volatility.

Volume Dip: Slightly lower than average, may affect execution.

MACD Flatline: Momentum could fade quickly without volume support.

Would you like to compare this with another telecom stock or explore swing setups for BHARTIHEXA? I can help you spot stronger momentum plays or sector trends.

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