DEVYANI - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.2

📊 Intraday Trading Analysis — DEVYANI

DEVYANI shows a technically neutral but fundamentally weak setup for intraday trading today. While the price is hovering near key moving averages and MACD is positive, weak profitability, high leverage, and fading volume suggest caution for short-term trades.

✅ Positives Supporting Intraday Trade

Technical Positioning

Trading above both 50-DMA (₹174) and 200-DMA (₹171) — short-term support zone.

MACD at 3.75 — positive crossover, indicating mild bullish momentum.

RSI at 51.6 — neutral zone, with room to rise.

Institutional Sentiment

DII holding increased by 1.22% — domestic support.

Earnings Recovery

PAT turned positive (₹6.21 Cr) from a loss (₹-13.3 Cr) — early signs of turnaround.

⚠️ Risks to Watch

Fundamental Weakness

ROCE (7.53%) and ROE (2.20%) — low efficiency.

EPS is negative (₹-0.02) — unprofitable on trailing basis.

Debt-to-equity ratio of 2.15 — high leverage.

Valuation & Growth

No visible P/E or PEG ratio — likely due to negative earnings.

Qtr Profit Var: -80.4% — volatile earnings.

Volume Drop

Current volume (8.94L) is significantly below 1-week average (16.59L) — fading interest.

FII Sentiment

FII holding declined by 1.04% — foreign caution.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹175–₹177

Trigger: Price sustains above ₹176 with volume >10L in first hour

📈 Profit-Taking Levels

Target 1: ₹181 — minor resistance

Target 2: ₹185–₹188 — if momentum builds

🛑 Stop-Loss

₹171 — below VWAP and 200-DMA

🕒 If You Already Hold Today

🔄 Exit on Weakness

RSI drops below 49 with declining volume

Price breaks ₹172 with bearish candle (e.g., engulfing or shooting star)

🚀 Exit on Strength

Price hits ₹185+ with RSI >56 and volume >12L

MACD histogram flattens or turns negative — 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 trailing stop for DEVYANI.

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