CASTROLIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.4

📊 High volume and strong fundamentals offer potential, but weak momentum indicators suggest cautious trading.

📈 Positive

• 💰 Dividend yield of 4.39% — attractive for income-focused investors.
• 📊 ROCE of 55.2% and ROE of 41.8% — excellent operational efficiency.
• 📈 Volume spike (29.6L vs avg 16.7L) — strong intraday interest.
• 📉 Trading near support zone of ₹190–₹193 — potential bounce area.

⚠️ Limitation

• 📉 RSI at 35.7 and MACD at -1.65 — weak momentum signals.
• 📉 Trading below DMA 50 and DMA 200 — short-term trend is bearish.
• 📉 PEG ratio of 2.95 — suggests moderate overvaluation relative to growth.

📰 Company Negative News

• 📉 Minor decline in PAT from ₹244 Cr. to ₹228 Cr. — slight earnings contraction.
• 📉 FII holding reduced by 0.04% — marginal dip in foreign investor sentiment.

🌟 Company Positive News

• 📈 DII holding increased by 0.03% — domestic investors showing continued interest.
• 🏭 Strong brand presence and consistent profitability in the lubricants segment.

🏭 Industry

• 🛢️ Operates in automotive lubricants — steady demand and brand loyalty.
• 📊 Industry P/E of 17.1 vs stock P/E of 19.6 — slightly above average but not excessive.

📌 Conclusion

• 📈 Moderate intraday potential due to high volume and support zone proximity.
• 💡 Optimal buy range: ₹190–₹193. Target exit: ₹198–₹202.
• 🛑 Stop-loss: ₹187 to protect downside.
• 📤 If already holding, consider exiting near ₹198 if volume sustains and RSI crosses 40 intraday.

I can also chart CASTROLIND’s intraday volume and RSI trends to help visualize entry and exit zones.