CRAFTSMAN - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.5

📊 Intraday Trading Analysis — CRAFTSMAN

CRAFTSMAN shows a technically bullish but fundamentally cautious setup for intraday trading. While price action and MACD suggest short-term upside, weak volume and stretched valuation warrant a disciplined approach.

✅ Bullish Indicators

MACD at 22.6: Strong positive crossover — confirms upward momentum.

Price Action

Trading above both 50-DMA (₹6,553) and 200-DMA (₹5,699) — bullish structure.

Current price (₹6,784) is near recent highs — breakout potential.

Earnings Growth

PAT up 23% QoQ (₹39.7 Cr vs ₹27.5 Cr) — improving profitability.

FII Sentiment

FII holding increased by 0.19% — mild foreign interest.

⚠️ Risks to Watch

Valuation

P/E of 160 and PEG of -9.83 — extremely expensive and negative growth-adjusted valuation.

Momentum Indicators

RSI at 50.9 — neutral zone, lacks conviction.

Volume Weakness

Current volume (6.8K) is far below 1-week average (23.6K) — low intraday liquidity.

Fundamental Efficiency

ROCE (8.11%) and ROE (4.31%) — modest capital returns.

DII Sentiment

DII holding declined by 0.05% — mild domestic caution.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹6,770–₹6,785

Trigger: Price sustains above ₹6,780 with volume >15K in first hour

📈 Profit-Taking Levels

Target 1: ₹6,820 — minor resistance

Target 2: ₹6,850–₹6,870 — if momentum builds

🛑 Stop-Loss

₹6,740 — below VWAP and intraday support

🕒 If You Already Hold Today

🔄 Exit on Weakness

RSI drops below 48 with declining volume

Price breaks ₹6,745 with bearish candle (e.g., engulfing or shooting star)

🚀 Exit on Strength

Price hits ₹6,850+ with RSI >58 and volume >20K

MACD histogram flattens or turns negative — signal to book profits

This setup favors momentum scalping with tight risk control, not aggressive breakout trades. Let me know if you'd like help setting up a VWAP overlay or live alerts for CRAFTSMAN.

Edit in a page