COCHINSHIP - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for COCHINSHIP

COCHINSHIP is sporting solid financials and an impressive quarter-over-quarter profit jump, but today's technical picture is noticeably bearish. It's one of those sessions where the fundamentals shine while the intraday chart begs caution.

🌟 IntraDay Trade Rating

2.5

Despite stellar fundamentals, technical indicators and price action suggest limited momentum for intraday gains today.

📉 Technical Snapshot

RSI: 31.1 Deep near the oversold zone — potential for a rebound, but not yet convincing.

MACD: -67.1 Signaling strong bearish momentum, not ideal for bullish plays unless reversal signs appear.

Volume: 13.39L vs Avg Vol 1Wk: 10.71L Volume is higher than usual, which hints at increased interest — possibly capitulation or early accumulation.

Price vs DMA

Below DMA50 (₹1,919) – short-term pressure.

Slightly Above DMA200 (₹1,701) – medium-term support still holds.

🛒 Intraday Trade Plan

✅ For New Entry Today

Buy Zone: ₹1,760–₹1,770 Entry only if there's a bounce with reversal candles and volume confirms shift.

Profit Target: ₹1,790–₹1,805 Expect resistance near ₹1,800 based on recent price structure.

Stop-Loss Level: ₹1,748 Tight stop to contain losses — bearish continuation possible below this level.

📌 If Already Holding Today

🔁 Exit Signals

Bearish Exit Triggers

Price dips below ₹1,755 with volume surge.

RSI falls further below 30 with MACD expanding negatively.

Profit Booking Point

Price hits ₹1,795–₹1,800 but fails to clear with strength.

Look for rejection candles (e.g., shooting star, long upper wick).

Trailing Strategy

If price climbs above ₹1,805, trail stop to ₹1,780 and monitor MACD convergence.

🧠 Final Takeaway

COCHINSHIP's fundamentals are sturdy — low debt, strong earnings growth, and excellent ROCE. But intraday action today is tilting cautious, especially with RSI and MACD suggesting bearish undertones. It may reward ultra-short-term scalps if momentum shifts intraday, otherwise risk management is key.

Want to explore peers in the shipbuilding or defense space with sharper intraday signals? I’ve got a few on radar 🚢📈

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