BRIGADE - IntraDay Trade Analysis

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

🏗️ Intraday Trade Snapshot – Brigade Enterprises Ltd.

IntraDay Trade Rating: 3.1

Brigade shows decent long-term fundamentals and recent profit growth, but the current technical setup lacks bullish conviction for aggressive intraday plays. The stock is trading in a bearish zone, well below both major moving averages, with low RSI and negative MACD momentum.

📉 Technical Picture

Current Price @ ₹1,009 is well below DMA 50 (₹1,094) & DMA 200 (₹1,099) ⇒ downtrend intact.

RSI (33.9) ⇒ oversold zone; potential for reversal but no signal yet.

MACD (-22.8) ⇒ strong negative divergence; momentum still weak.

Volume (4.85L) is below 1W avg (5.71L) ⇒ lower intraday interest.

📊 Fundamental Summary

ROCE 13.4% / ROE 14.6% ⇒ modest efficiency.

Debt-to-equity (0.97) ⇒ fairly leveraged for a real estate player.

EPS ₹28.1 & P/E 36.2 vs Industry PE (40.2) ⇒ slightly undervalued.

Qtr Profit growth +19.8% ⇒ earnings trend positive.

FII holding ↓0.88%, though DII ↑0.57% ⇒ mixed institutional sentiment.

🎯 Intraday Strategy

🚀 New Entry Setup (Cautious Scalping)

Buy Zone: ₹1,005 – ₹1,010 (only on bullish candle or RSI bounce above 35)

Profit Target: ₹1,020 – ₹1,027 (near short-term resistance range)

Stop Loss: ₹995 (below recent price consolidation support)

⚖️ If Already Holding

Consider exiting if

Price fails to breach ₹1,018 by 1:00 PM IST.

Volume stays below 5L in early-mid session ⇒ low momentum confirmation.

RSI remains under 38 and MACD histogram flattens ⇒ fading strength.

🕒 Suggested Exit Window: 1:00 – 2:00 PM IST

Brigade may be better suited for a swing trade setup later in the week if RSI recovers above 40 and volume strengthens near DMA levels. Want to compare Brigade against peers like Prestige or Sobha with tighter MACD triggers or plot sector-wide sentiment shifts? I can dig in for you 🧭📡

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