BLUEJET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | BLUEJET | Market Cap | 7,129 Cr. | Current Price | 413 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 20.2 | Book Value | 72.4 ₹ | Dividend Yield | 0.29 % | ROCE | 39.8 % |
| ROE | 30.2 % | Face Value | 2.00 ₹ | DMA 50 | 503 ₹ | DMA 200 | 622 ₹ |
| Chg in FII Hold | -0.69 % | Chg in DII Hold | 1.02 % | PAT Qtr | 52.1 Cr. | PAT Prev Qtr | 91.2 Cr. |
| RSI | 27.4 | MACD | -31.4 | Volume | 3,17,531 | Avg Vol 1Wk | 3,53,472 |
| Low price | 392 ₹ | High price | 1,028 ₹ | PEG Ratio | 1.12 | Debt to equity | 0.02 |
| 52w Index | 3.29 % | Qtr Profit Var | -10.6 % | EPS | 20.3 ₹ | Industry PE | 29.1 |
📊 Analysis: BLUEJET is trading at ₹413, well below its 50 DMA (₹503) and 200 DMA (₹622), reflecting strong bearish sentiment. RSI at 27.4 indicates oversold conditions, but MACD at −31.4 confirms continued weakness. Current volume (3,17,531) is slightly below the weekly average (3,53,472), showing moderate participation. The stock is near its 52-week low of ₹392, suggesting limited downside but weak intraday momentum.
💡 Optimal Buy Price: ₹405–410 if support holds intraday.
🎯 Profit-Taking Levels: ₹425–430 (short-term resistance).
🛡️ Stop-Loss: ₹398 (below recent support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹425–430 if momentum slows. If price breaks below ₹405 with rising volume, exit intraday to protect capital.
✅ Positive
- Strong ROCE (39.8%) and ROE (30.2%) highlight efficient capital use.
- Low debt-to-equity ratio (0.02) ensures financial stability.
- EPS of ₹20.3 supports earnings quality.
- DII holding increased (+1.02%), showing domestic institutional support.
⚠️ Limitation
- Stock trading well below both 50 DMA and 200 DMA, showing bearish trend.
- RSI oversold but no reversal confirmation yet.
- MACD negative, confirming weak momentum.
- Volume slightly below weekly average, limiting intraday volatility.
📉 Company Negative News
- Quarterly PAT declined from ₹91.2 Cr. to ₹52.1 Cr. (−10.6% variation).
- FII holding decreased (−0.69%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased (+1.02%), reflecting domestic support.
- PEG ratio of 1.12 indicates reasonable growth relative to valuation.
🏭 Industry
- Aviation & logistics sector trades at Industry PE of 29.1, higher than BLUEJET’s P/E of 20.2, making valuation relatively attractive.
- Sector growth supported by rising travel demand and logistics expansion.
🔎 Conclusion
BLUEJET is a weak candidate for intraday trading today due to bearish technicals and declining profits. While fundamentals like ROCE and ROE are strong, short-term indicators remain negative. Traders may attempt small trades near ₹405–410 with tight stop-losses, but risk remains elevated. Better suited for medium-term recovery plays rather than aggressive intraday scalping.