CARBORUNIV - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for CARBORUNIV

Based on the provided metrics and current market dynamics, here's a detailed breakdown of CARBORUNIV's suitability for intraday trading today

🧮 Intraday Trade Rating

2.3 The stock shows weak short-term momentum and declining fundamentals, making it a less ideal candidate for aggressive intraday action.

📉 Key Technical & Fundamental Insights

RSI (Relative Strength Index): 34.4 Indicates the stock is nearing oversold territory — could hint at a technical bounce, but not conclusive.

MACD: -6.00 Bearish momentum; supports the downtrend.

Volume: 1,06,625 vs Avg Vol 1Wk: 1,53,447 Lower-than-average volume suggests lack of strong intraday interest or participation.

Price vs DMA Current price ₹928 is below both DMA50 (₹978) and DMA200 (₹1,098), reinforcing bearish trend.

Quarterly Profit Drop: -78.4% Significant decline in profitability raises concerns over current sentiment and outlook.

💰 Optimal Buy & Exit Strategy

If initiating a fresh intraday trade

Optimal Buy Zone: ₹920–₹925 Only if the stock shows reversal patterns like bullish candlesticks or positive divergence on intraday charts.

Profit-Taking Target: ₹940–₹950 Minor resistance around ₹950 could limit upside.

Stop-Loss / Loss Protection: ₹910 A breach below this may confirm further downside.

If already holding during today’s session

Exit Consideration Points

Time-Based Exit: Consider exiting before the last hour if price remains below ₹935 with weak volume.

Momentum Exit: Exit if MACD histogram doesn’t shrink and RSI dips below 30 intraday.

Price Action Trigger: Sharp sell-off or failure to retest ₹940 should prompt a defensive exit.

🧠 Final Thoughts

This stock is currently pressured by poor earnings momentum and tepid volume. It's better suited for range-bound or scalp trades with tight controls. A compelling intraday setup may arise if broader sentiment shifts or a sudden spike in volume changes the narrative.

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