CONCOR - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.6

📊 Intraday Trading Analysis — CONCOR

CONCOR presents a neutral-to-cautious setup for intraday trading today. While the stock is fundamentally stable and trading near key moving averages, technical indicators and volume trends suggest limited momentum for aggressive short-term moves.

✅ Strengths Supporting Intraday Trade

Fundamentals

ROCE (13.8%) and ROE (10.7%) — decent operational efficiency.

Debt-to-equity ratio of 0.07 — low leverage.

EPS of ₹16.7 and P/E of 32.8 — slightly premium but not excessive.

Dividend yield of 1.64% — adds defensive appeal.

Price Action

Trading near 50-DMA (₹563) — potential pivot zone.

Current price (₹560) is above recent low (₹481) — short-term support.

⚠️ Risks to Watch

Momentum Indicators

RSI at 55.4 — neutral zone, lacks strong directional bias.

MACD at -0.81 — bearish crossover, signaling weakness.

Volume Weakness

Current volume (5.7L) is significantly below 1-week average (21.8L) — fading interest.

Institutional Sentiment

FII holding down by 0.41%, DII down by 0.24% — mild selling pressure.

Earnings Decline

PAT dropped from ₹302 Cr to ₹258 Cr — softening profitability.

PEG ratio of 4.92 — expensive relative to growth.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹558–₹562

Trigger: Price sustains above ₹560 with volume >8L in first hour

📈 Profit-Taking Levels

Target 1: ₹570 — minor resistance

Target 2: ₹578–₹582 — if momentum builds

🛑 Stop-Loss

₹550 — below VWAP and recent support

🕒 If You Already Hold Today

🔄 Exit on Weakness

RSI drops below 52 with declining volume

Price breaks ₹552 with bearish candle (e.g., engulfing or shooting star)

🚀 Exit on Strength

Price hits ₹578+ with RSI >60 and volume >10L

MACD histogram flattens or turns positive — signal to book profits

This setup favors range-bound scalping with disciplined exits. Let me know if you'd like help setting up a VWAP overlay or momentum tracker for CONCOR.

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