DCMSHRIRAM - IntraDay Trade Analysis

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

📈 Intraday Trade Analysis for DCMSHRIRAM

⭐ IntraDay Trade Rating

3.7

DCMSHRIRAM offers a technically bullish setup today supported by strong MACD, elevated RSI, and price trending well above DMA levels. However, volume is underwhelming and valuation is stretched, so a disciplined approach is key.

📊 Technical Snapshot

RSI: 63.8 → Bullish zone, nearing overbought — intraday bounce is plausible but watch for exhaustion.

MACD: +53.4 → Healthy momentum slope, confirming uptrend continuation.

Volume: 1.3L vs 1Wk Avg 2.28L → Below average — sentiment may fade later unless volume builds.

Price Above DMA50 (₹1,265) & DMA200 (₹1,130) → Technically favorable for bullish entries.

Profit Qtr-on-Qtr dipped from ₹179 Cr. to ₹113 Cr. → May cap enthusiasm at resistance zones.

PEG Ratio: -2.04 → Indicates valuation concerns despite earnings.

FII & DII holdings slightly up → Mild institutional support.

🛒 If Entering Fresh Intraday Today

Buy Zone: ₹1,418–₹1,425 Entry ideal on intraday pullback with bounce confirmation, e.g. bullish engulfing or morning star candle.

Profit Booking Levels

Primary Target: ₹1,440

Stretch Target: ₹1,455 if momentum persists mid-session.

Stop-Loss: ₹1,408 Below short-term support base — invalidates bullish bias.

🔁 Exit Plan for Existing Holders

Exit Signals

Price fails to hold above ₹1,430 post-noon.

RSI pushes past 65 and stalls with flattening MACD histogram.

Volume remains <1.5L after 2 PM IST — sign of fading momentum.

Profit Booking Zone: ₹1,440–₹1,455 Watch for reversal candles (shooting star, gravestone doji) near resistance levels.

Trailing Stop Strategy: If price breaches ₹1,460, trail SL to ₹1,438 and reassess strength near session close.

💡 Quick Insight

DCMSHRIRAM is technically strong today but isn’t immune to profit-booking around highs. Volume and RSI dynamics will dictate how far the rally can stretch — approach with tight stops and quick exits.

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