COHANCE - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.0

📊 Analysis: COHANCE is trading at 537 ₹, well below both 50 DMA (658 ₹) and 200 DMA (873 ₹), reflecting strong short-term weakness. RSI at 26.7 indicates oversold conditions, while MACD (-40.9) signals strong bearish undertone. Volume (3,19,053) is significantly below average (8,15,830), showing weak intraday participation. Fundamentals show moderate ROCE and ROE, but high P/E (55.4) and negative PEG ratio highlight valuation concerns.

💡 Optimal Buy Price: 530–540 ₹ if price stabilizes near support.

🎯 Profit-taking Exit Levels: 555 ₹ (first resistance), 570 ₹ (next resistance).

🛡️ Stop-loss / Loss Protection: 525 ₹ (below intraday support).

⏱️ If Already Holding: Exit if price fails to hold above 530 ₹ or RSI drops below 25 with declining volume. Momentum exit can be triggered near 555–565 ₹ if upward move lacks strength.

Positive

• ✅ ROCE at 16.0% and ROE at 12.5% show moderate efficiency.
• ✅ Debt-to-equity ratio at 0.05, indicating low leverage.
• ✅ EPS at 12.0 ₹ supports valuation strength.
• ✅ DII holding increased significantly (+9.41%).

Limitation

• ⚠️ Current price far below both 50 DMA and 200 DMA.
• ⚠️ RSI at 26.7 reflects oversold but weak momentum.
• ⚠️ MACD (-40.9) indicates strong bearish undertone.
• ⚠️ Volume significantly below average, showing weak intraday participation.
• ⚠️ High P/E of 55.4 compared to industry average (30.6).
• ⚠️ PEG ratio at -2.68, showing poor growth valuation.

Company Negative News

• 📉 Quarterly PAT decline (94.3 Cr. vs 58.6 Cr. previous, but negative variation overall).
• 📉 Quarterly profit variation negative (-32.2%).
• 📉 FII holding reduced (-0.72%).

Company Positive News

• 📈 DII holding increased sharply (+9.41%).

Industry

• 🏭 Industry P/E at 30.6, lower than company’s 55.4, showing premium valuation.
• 🏭 52-week index return at 2.38%, indicating weak sector momentum.

Conclusion

📌 COHANCE is a weak intraday candidate with limited upside. Buy near 530–540 ₹ with stop-loss at 525 ₹. Exit around 555–570 ₹ if momentum sustains. Oversold RSI may trigger a short-term bounce, but weak MACD, low volume, and negative profit variation suggest trades should be closely monitored.

Would you like me to extend this into a peer benchmarking overlay so you can compare COHANCE against other specialty chemical and mid-cap manufacturing stocks for intraday confirmation?