BIKAJI - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.0

📊 Analysis: Bikaji shows good intraday potential today. Current price (₹749) is above both 50DMA (₹727) and 200DMA (₹732), confirming bullish bias. RSI at 61.0 indicates strong momentum, while MACD (5.21) is positive, supporting upward movement. However, volume (1,06,011) is below weekly average (2,18,849), which may limit intraday liquidity. High P/E (82.7) compared to industry PE (48.7) suggests overvaluation, but strong ROCE (20.1%) and ROE (16.0%) balance fundamentals.

💹 Optimal Buy Price: Around ₹740–745 (near support zone).

🎯 Profit-Taking Levels: ₹765–780 (short-term resistance).

🛡️ Stop-Loss: ₹730 (below DMA support).

⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹755 with weakening momentum (RSI dropping below 58 or MACD flattening). Exit near ₹765–780 if momentum holds; cut positions if price slips below ₹730 with rising volume.

Positive

• 📈 Strong ROCE (20.1%) and ROE (16.0%).
• 💹 EPS at ₹8.78, showing earnings strength.
• 📊 Quarterly PAT growth (₹84.5 Cr. vs ₹63.2 Cr.).
• 📈 DII holding increased (+1.40%), showing domestic confidence.

Limitation

• ⚠️ High P/E (82.7) vs industry PE (48.7).
• 📉 Volume below weekly average, limiting intraday momentum.
• ⚠️ PEG ratio (2.14) indicates overvaluation relative to growth.

Company Negative News

• 📉 FII holding reduced (-0.30%).

Company Positive News

• 📈 Quarterly profit surged (+17.3% variation).
• 💹 Stock trading at 76.2% of 52-week high range, indicating recovery potential.

Industry

• 🏭 Industry PE at 48.7, lower than Bikaji’s valuation (82.7).
• 📊 FMCG sector supported by rising consumer demand and brand strength.

Conclusion

⚖️ Bikaji is a good intraday candidate today with strong fundamentals and technicals. Buy near ₹740–745, target ₹765–780, and protect downside at ₹730. If already holding, monitor RSI and MACD closely for exit signals. Overvaluation and low volume are limitations, but profit growth and domestic support favor bullish bias.

Would you like me to extend this into a basket overlay with peer benchmarking against other FMCG stocks (like Nestle, Britannia, HUL) to compare intraday strength?