BLUESTARCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | BLUESTARCO | Market Cap | 35,086 Cr. | Current Price | 1,706 ₹ | High / Low | 2,050 ₹ |
| Stock P/E | 85.1 | Book Value | 149 ₹ | Dividend Yield | 0.50 % | ROCE | 17.3 % |
| ROE | 14.0 % | Face Value | 2.00 ₹ | DMA 50 | 1,677 ₹ | DMA 200 | 1,767 ₹ |
| Chg in FII Hold | -0.86 % | Chg in DII Hold | 1.02 % | PAT Qtr | 151 Cr. | PAT Prev Qtr | 76.4 Cr. |
| RSI | 59.3 | MACD | -11.8 | Volume | 5,11,456 | Avg Vol 1Wk | 5,52,486 |
| Low price | 1,450 ₹ | High price | 2,050 ₹ | PEG Ratio | 4.58 | Debt to equity | 0.30 |
| 52w Index | 42.7 % | Qtr Profit Var | -4.13 % | EPS | 18.7 ₹ | Industry PE | 48.2 |
📊 Analysis:
BLUESTARCO shows moderate intraday potential. RSI at 59.3 indicates bullish bias but nearing overbought territory, while MACD at -11.8 reflects bearish divergence. Current price (1,706 ₹) is above the 50 DMA (1,677 ₹) but below the 200 DMA (1,767 ₹), showing short-term support but medium-term weakness. Volume (5,11,456) is slightly below the weekly average (5,52,486), reducing conviction.
Optimal buy zone: 1,695–1,710 ₹.
Profit-taking levels: 1,735–1,755 ₹.
Stop-loss: 1,680 ₹.
If already holding, exit intraday if price fails to sustain above 1,695 ₹ or RSI weakens below 57 with declining volume. Partial profit booking is advisable if price sustains above 1,735 ₹ with strong momentum.
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✅ Positive
- Quarterly PAT improved significantly (151 Cr. vs 76.4 Cr.).
- DII holdings increased (+1.02%), showing domestic institutional support.
- ROCE (17.3%) and ROE (14.0%) highlight efficiency.
- Price trading above 50 DMA supports short-term strength.
⚠️ Limitation
- High P/E (85.1) vs industry (48.2) indicates stretched valuation.
- MACD negative (-11.8) reflects bearish undertone.
- PEG ratio (4.58) suggests expensive growth pricing.
- Volume slightly below average reduces breakout conviction.
📉 Company Negative News
- FII holdings decreased (-0.86%), showing foreign investor caution.
- Quarterly profit variation (-4.13%) highlights earnings pressure.
📈 Company Positive News
- DII holdings increased (+1.02%), reflecting domestic confidence.
- PAT doubled compared to previous quarter (151 Cr. vs 76.4 Cr.).
🏭 Industry
- Consumer durables sector trades at industry PE of 48.2.
- Sector outlook supported by rising demand for cooling and appliances.
🔎 Conclusion
⚖️ BLUESTARCO is a fair intraday candidate today with decent fundamentals but weak technical momentum. Buy near 1,695–1,710 ₹, target 1,735–1,755 ₹, and maintain a strict stop-loss at 1,680 ₹. Exit intraday if price fails to hold above 1,695 ₹ or RSI drops under 57 with low volume. Quick profit booking is recommended given stretched valuations and bearish MACD.
Would you like me to extend this into a consumer durables intraday overlay comparing Blue Star, Voltas, and Havells for sharper benchmarking?