CONCORDBIO - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.4

📊 Intraday Trading Analysis — CONCORDBIO

CONCORDBIO shows a weak-to-neutral setup for intraday trading today. While the company has strong long-term fundamentals, current technical indicators and price action suggest limited momentum and caution for short-term trades.

✅ Positives

Fundamentals

ROCE (28.4%) and ROE (21.4%) — solid operational efficiency.

Debt-free balance sheet — financial stability.

EPS of ₹34.2 and PEG ratio of 1.82 — reasonable growth valuation.

Price Action

Trading near 50-DMA (₹1,705) and 200-DMA (₹1,758) — potential pivot zone.

⚠️ Negatives

Momentum Indicators

RSI at 47.6 — neutral to weak, no clear trend.

MACD at -22.6 — bearish crossover, signaling downward pressure.

Volume Weakness

Current volume (1.15L) is below 1-week average (1.28L) — fading interest.

Earnings Decline

PAT dropped sharply (₹42.6 Cr vs ₹142 Cr) — weak quarterly performance.

Institutional Sentiment

FII holding down by 0.25%, DII down by 0.31% — mild selling pressure.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹1,660–₹1,670

Trigger: Price sustains above ₹1,668 with volume >1.5L in first hour

📈 Profit-Taking Levels

Target 1: ₹1,685 — minor resistance

Target 2: ₹1,700–₹1,705 — if momentum builds

🛑 Stop-Loss

₹1,645 — below VWAP and recent support

🕒 If You Already Hold Today

🔄 Exit on Weakness

RSI drops below 45 with declining volume

Price breaks ₹1,650 with bearish candle (e.g., engulfing or shooting star)

🚀 Exit on Strength

Price hits ₹1,700+ with RSI >52 and volume >1.8L

MACD histogram flattens or turns positive — signal to book profits

This setup favors range-bound scalping with tight risk control, not aggressive breakout trades. Let me know if you'd like help setting up a VWAP overlay or momentum tracker for CONCORDBIO.

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