CHOLAFIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | CHOLAFIN | Market Cap | 1,23,896 Cr. | Current Price | 1,455 ₹ | High / Low | 1,832 ₹ |
| Stock P/E | 25.6 | Book Value | 307 ₹ | Dividend Yield | 0.14 % | ROCE | 10.3 % |
| ROE | 19.7 % | Face Value | 2.00 ₹ | DMA 50 | 1,647 ₹ | DMA 200 | 1,616 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.27 % | PAT Qtr | 1,288 Cr. | PAT Prev Qtr | 1,155 Cr. |
| RSI | 27.5 | MACD | -54.0 | Volume | 18,92,307 | Avg Vol 1Wk | 21,69,659 |
| Low price | 1,359 ₹ | High price | 1,832 ₹ | PEG Ratio | 1.00 | Debt to equity | 7.24 |
| 52w Index | 20.4 % | Qtr Profit Var | 18.5 % | EPS | 57.6 ₹ | Industry PE | 16.4 |
📊 Analysis: CHOLAFIN shows moderate intraday potential today. Current price (1,455 ₹) is trading well below both DMA 50 (1,647 ₹) and DMA 200 (1,616 ₹), reflecting short-term weakness. RSI at 27.5 indicates oversold conditions, which could trigger a bounce. MACD (-54.0) confirms bearish momentum. Volume (18.9 Lakh) is slightly below the weekly average (21.7 Lakh), suggesting weaker participation. Despite technical weakness, strong fundamentals and profit growth provide support for intraday opportunities.
💰 Optimal Buy Price: 1,440–1,455 ₹ if price consolidates near support.
📈 Profit Exit Levels: 1,490 ₹ (short-term resistance), 1,520–1,550 ₹ (nearer to DMA zone).
📉 Stop-Loss: 1,420 ₹ to protect against downside risk.
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 1,455 ₹ or if momentum indicators remain weak. Profit booking near 1,490–1,550 ₹ is advisable, while a break below 1,420 ₹ should trigger a stop-loss exit.
Positive
- EPS of 57.6 ₹ supports strong earnings power.
- Quarterly PAT growth (1,288 Cr vs 1,155 Cr) shows profitability improvement.
- ROE of 19.7% reflects solid shareholder returns.
- DII holdings increased (+0.27%), showing domestic institutional support.
Limitation
- High debt-to-equity ratio of 7.24 raises leverage concerns.
- ROCE at 10.3% is relatively weak compared to peers.
- Price trading below DMA levels signals bearish sentiment.
- FII holdings decreased (-0.29%), showing reduced foreign investor confidence.
Company Negative News
- No major external negative news reported, but high leverage and reduced FII holdings weigh on sentiment.
Company Positive News
- Strong quarterly profit growth boosts investor confidence.
- DII support provides stability despite FII outflows.
Industry
- Industry PE at 16.4 vs stock PE of 25.6 suggests premium valuation.
- NBFC sector benefits from credit demand, though rising interest rates and leverage risks remain challenges.
Conclusion
⚖️ CHOLAFIN is a moderately attractive intraday candidate with potential for a short-term bounce due to oversold RSI and strong fundamentals. Traders may attempt entries near 1,440–1,455 ₹ with exits around 1,490–1,550 ₹, while maintaining a strict stop-loss at 1,420 ₹ to manage risk.