BHEL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.6

📊 Analysis: BHEL shows limited intraday strength today. Current price (₹276) is near resistance (₹295). RSI at 48.6 indicates neutral-to-weak momentum, while MACD (2.13) is mildly positive. Volume is slightly below weekly average, suggesting moderate liquidity. High P/E (178) compared to industry PE (43.9) signals overvaluation, making intraday trades riskier.

💹 Optimal Buy Price: Around ₹270–273 (near 50DMA support).

🎯 Profit-Taking Levels: ₹285–290 (close to resistance).

🛡️ Stop-Loss: ₹265 (below intraday support).

⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹280 with weakening momentum (RSI dropping below 45 or MACD flattening). Exit near ₹285–290 if momentum holds; cut positions if price slips below ₹265 with rising volume.

Positive

• 📈 Strong recovery in quarterly PAT (₹368 Cr. vs -₹455 Cr. previous).
• 💹 Trading above 50DMA (₹269) and 200DMA (₹248).
• 📊 DII holding increased (+0.17%), showing domestic support.

Limitation

• ⚠️ Extremely high P/E (178) vs industry PE (43.9).
• 📉 Weak ROCE (4.75%) and ROE (2.00%).
• 📉 PEG ratio (24.6) indicates poor valuation relative to growth.

Company Negative News

• 📉 FII holding reduced (-0.13%).
• ⚠️ EPS remains low (₹1.56), limiting earnings strength.

Company Positive News

• 📈 Quarterly profit turnaround (+280% variation).
• 💹 Stock trading at 84% of 52-week high range.

Industry

• 🏭 Industry PE at 43.9, much lower than BHEL’s valuation.
• 📊 Sector demand supported by infrastructure and power projects.

Conclusion

⚖️ BHEL is a cautious intraday candidate today. Buy near ₹270–273, target ₹285–290, and protect downside at ₹265. If already holding, monitor RSI and MACD closely for exit signals. Overvaluation and weak fundamentals limit upside, so intraday trades should be tightly managed.

Would you like me to also prepare a sector scan with peer benchmarking overlays for BHEL against other power and infrastructure stocks, so you can see relative intraday strength?