CENTRALBK - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Analysis for CENTRALBK
Let’s unpack CENTRALBK’s current intraday suitability with a sharp eye on momentum, price dynamics, and technical health
🌟 IntraDay Trade Rating
2.8
The stock presents potential for nimble intraday plays but isn’t ideal for strong directional moves today due to mixed signals and low momentum confirmation.
🔍 Key Observations
RSI: 34.0 On the verge of oversold. Could suggest a mild bounce, but caution is key.
MACD: -0.46 Mild bearish signal. No major divergence or momentum pop detected.
Volume: 65.8L vs Avg Vol 1Wk: 65.6L Almost flat—market participation isn’t surging, so momentum might remain muted.
Current Price ₹36.9 vs DMA50 ₹38.5 and DMA200 ₹44.4 Trading below moving averages confirms a short-term bearish undertone.
Quarterly Profit Growth: +30.0% Shows improving fundamentals—can support sentiment if technicals align.
PEG Ratio: 0.14 Strong growth valuation indicator, favorable for medium-term optimism but less impactful intraday.
📈 Intraday Trade Setup
✅ For Fresh Trade Today
Optimal Buy Zone: ₹36.50–₹36.90 Look for consolidation patterns or bullish reversal candles within this range.
Target Exit Zone: ₹37.40–₹37.70 Resistance likely near ₹37.50 and minor supply just above ₹37.75.
Stop-Loss Level: ₹36.20 A decisive close below ₹36.20 should trigger a quick exit.
📌 Already Holding Today
Exit Criteria
Price action struggles near ₹37.20 or fails a retest of ₹37.50 with falling volume.
RSI dips below 30 without positive divergence.
MACD flattens further or histogram remains in deep red zone midday.
Trailing Exit Strategy: If price hits ₹37.40+, trail stop to ₹37.10 and reassess based on closing momentum.
🤖 Bottom Line
This stock isn’t a strong contender for high-momentum intraday trades today but may appeal to scalpers eyeing 1–2% moves if volume or sentiment picks up. It’s worth keeping on watch for breakout setups above DMA50 in the near term.
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