CHOLAHLDNG - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | CHOLAHLDNG | Market Cap | 26,976 Cr. | Current Price | 1,439 ₹ | High / Low | 2,299 ₹ |
| Stock P/E | 388 | Book Value | 72.2 ₹ | Dividend Yield | 0.09 % | ROCE | 6.26 % |
| ROE | 4.88 % | Face Value | 1.00 ₹ | DMA 50 | 1,665 ₹ | DMA 200 | 1,771 ₹ |
| Chg in FII Hold | -0.92 % | Chg in DII Hold | 1.03 % | PAT Qtr | 2.66 Cr. | PAT Prev Qtr | 27.2 Cr. |
| RSI | 32.0 | MACD | -57.7 | Volume | 5,64,670 | Avg Vol 1Wk | 3,76,293 |
| Low price | 1,357 ₹ | High price | 2,299 ₹ | PEG Ratio | 76.4 | Debt to equity | 0.00 |
| 52w Index | 8.70 % | Qtr Profit Var | 40.7 % | EPS | 3.70 ₹ | Industry PE | 23.1 |
📊 Analysis: CHOLAHLDNG shows weak intraday potential today. Current price (1,439 ₹) is trading well below both DMA 50 (1,665 ₹) and DMA 200 (1,771 ₹), reflecting bearish sentiment. RSI at 32.0 indicates oversold conditions, while MACD (-57.7) confirms strong bearish momentum. Volume (5.64 Lakh) is higher than the weekly average (3.76 Lakh), suggesting active participation, but fundamentals remain weak with extremely high P/E and poor earnings.
💰 Optimal Buy Price: 1,420–1,440 ₹ only if price stabilizes with strong volume.
📈 Profit Exit Levels: 1,470 ₹ (short-term resistance), 1,500–1,520 ₹ (nearer to DMA 50 zone).
📉 Stop-Loss: 1,400 ₹ to protect against downside risk.
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 1,440 ₹ or if momentum indicators remain weak. Profit booking near 1,470–1,520 ₹ is advisable, while a break below 1,400 ₹ should trigger a stop-loss exit.
Positive
- Debt-free balance sheet (Debt-to-equity: 0.00) reduces financial risk.
- DII holdings increased (+1.03%), showing domestic institutional support.
- Volume higher than average indicates active intraday participation.
Limitation
- Extremely high P/E of 388 compared to industry PE (23.1) suggests severe overvaluation.
- EPS of 3.70 ₹ is very weak relative to price.
- ROCE at 6.26% and ROE at 4.88% indicate poor returns.
- Quarterly PAT dropped sharply (2.66 Cr vs 27.2 Cr), showing earnings pressure.
- Price trading below DMA levels signals bearish sentiment.
Company Negative News
- No major external negative news reported, but weak earnings and reduced FII holdings (-0.92%) weigh heavily on sentiment.
Company Positive News
- Debt-free structure provides financial stability.
- Increase in DII holdings shows confidence from domestic institutions.
Industry
- Industry PE at 23.1 vs stock PE of 388 highlights extreme overvaluation.
- Holding company sector performance depends on underlying subsidiaries, making valuation complex and volatile.
Conclusion
⚖️ CHOLAHLDNG is a weak intraday candidate due to poor fundamentals, extreme overvaluation, and bearish technicals. Traders may attempt cautious entries near 1,420–1,440 ₹ with exits around 1,470–1,520 ₹, but strict stop-loss discipline at 1,400 ₹ is essential to manage risk.