CENTURYPLY - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for CENTURYPLY

Let’s dig into the technical and fundamental layers to assess how CENTURYPLY stacks up for today’s intraday play

🌟 IntraDay Trade Rating

2.4

The indicators suggest a cautious tone — CENTURYPLY doesn't present strong short-term momentum or volume acceleration, reducing its appeal for aggressive intraday action.

📉 Technical & Sentiment Overview

RSI: 46.0 Neutral zone — no immediate overbought/oversold signals.

MACD: -3.35 Bearish crossover still intact, suggesting weak momentum.

Volume: 46,019 vs 1Wk Avg: 72,066 Subdued activity limits probability of a breakout or strong move.

Price vs DMA ₹732 is below both DMA50 (₹741) and DMA200 (₹748), signaling a bearish undertone.

Quarterly Profit Dip: -33.1% Weak earnings sentiment may keep upside muted.

High P/E of 84.3 vs Industry P/E 48.1 Valuation looks stretched — might attract profit-booking on bounces.

PEG Ratio: -5.67 Negative PEG hints at weak growth estimates ahead.

🎯 Intraday Trade Setup

✅ For Fresh Entry Today

Optimal Buy Zone: ₹727–₹732 Look for stability or bullish reversal near ₹730. Use intraday charts to confirm candles like hammer or bullish engulfing.

Profit-Taking Targets: ₹742–₹748 Expect resistance near DMA zones and psychological ₹750.

Stop-Loss Level: ₹722 Breach below this invalidates any bounce attempt.

📌 Already Holding Today

Exit Strategy

Price stagnates below ₹738 past mid-session with falling volume.

MACD histogram stays negative and RSI dips below 40.

No intraday breakout or support at ₹735–₹740.

Trailing Stop Tip: If stock hits ₹745+, consider a trailing stop around ₹738 to protect gains.

🧠 Takeaway

CENTURYPLY isn’t flashing strong intraday signals today. Weak volume and momentum don’t support aggressive trade setups. A scalper could attempt a quick bounce, but position sizing and stop discipline are critical. Might be better to track it for a bounce above DMA50 later this week.

Want help scouting a fresh pick with stronger volume bursts and sharper RSI breakouts? I’d love to help sharpen your trade sheet 📈

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