CHOICEIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | CHOICEIN | Market Cap | 17,379 Cr. | Current Price | 783 ₹ | High / Low | 860 ₹ |
| Stock P/E | 998 | Book Value | 25.1 ₹ | Dividend Yield | 0.00 % | ROCE | 3.15 % |
| ROE | 2.05 % | Face Value | 10.0 ₹ | DMA 50 | 791 ₹ | DMA 200 | 737 ₹ |
| Chg in FII Hold | -0.81 % | Chg in DII Hold | 0.02 % | PAT Qtr | 0.68 Cr. | PAT Prev Qtr | Cr. |
| RSI | 49.0 | MACD | -10.4 | Volume | 8,66,904 | Avg Vol 1Wk | 7,02,372 |
| Low price | 438 ₹ | High price | 860 ₹ | PEG Ratio | 19.7 | Debt to equity | 0.03 |
| 52w Index | 81.6 % | Qtr Profit Var | -64.2 % | EPS | 0.42 ₹ | Industry PE | 19.9 |
📊 Analysis: CHOICEIN shows weak-to-neutral signals for intraday trading. RSI at 49.0 indicates neutral momentum, while MACD at -10.4 suggests bearish divergence. Current price (783 ₹) is slightly below the 50 DMA (791 ₹) but above the 200 DMA (737 ₹), reflecting mixed technicals. Volume (8.66 lakh) is higher than the weekly average (7.02 lakh), supporting intraday activity, but fundamentals remain weak with extremely high P/E and poor profitability.
💰 Optimal Buy Price: Around 775–785 ₹ (near current levels with support from 770 ₹).
📈 Profit-Taking Exit Levels: 795–805 ₹ (short-term resistance zone).
📉 Stop-Loss / Loss Protection: 765 ₹ (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above 780 ₹ or if MACD continues bearish. If momentum strengthens with volume support, ride till 795–805 ₹ before booking profits.
Positive
- Price trading above 200 DMA (737 ₹) indicates medium-term support.
- Volume higher than weekly average, suggesting active intraday participation.
- Debt-to-equity ratio at 0.03 shows near debt-free balance sheet.
Limitation
- Extremely high P/E ratio of 998 compared to industry PE of 19.9 indicates severe overvaluation.
- ROCE at 3.15% and ROE at 2.05% reflect poor efficiency.
- EPS of 0.42 ₹ is very weak.
- Quarterly PAT at 0.68 Cr. with -64.2% variation shows earnings pressure.
- MACD strongly negative (-10.4) signals short-term weakness.
Company Negative News
- No major external negative news reported, but poor profitability and weak fundamentals remain concerns.
Company Positive News
- Stable trading volumes and near debt-free status provide some resilience.
Industry
- Industry PE at 19.9 vs stock PE at 998 highlights extreme overvaluation.
- Financial services sector remains supported by rising retail participation, but valuation risks are high.
Conclusion
⚡ CHOICEIN is a weak candidate for intraday trading today. Buy near 775–785 ₹ with profit targets at 795–805 ₹ and stop-loss at 765 ₹. If already holding, monitor MACD and price action closely and exit near resistance levels. While technicals show some support, extremely high valuation and poor fundamentals limit upside potential.