EIDPARRY - IntraDay Trade Analysis

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

🍬 Intraday Trade Analysis for EIDPARRY

⭐ IntraDay Trade Rating

4.2

EIDPARRY is showing strong intraday momentum and liquidity. However, caution is warranted given the recent drop in quarterly profits and elevated RSI.

📊 Technical Pulse

RSI: 75.6 → Strong, but nearing overbought. Risk of pullback.

MACD: 43.2 → Bullish strength with positive divergence.

Volume: 11.05L vs Avg 3.74L → 3x surge indicates active accumulation.

Price > DMA50 & DMA200 → Strong short- and long-term support; trend intact.

🛒 Fresh Entry Strategy

Buy Zone: ₹1,204–₹1,210 Best entered on a minor dip or a breakout beyond ₹1,213 with volume >12L.

Profit Booking Levels

Target 1: ₹1,220 (previous high)

Target 2: ₹1,232 (momentum extension if RSI sustains)

Stop-Loss: ₹1,192 Below intraday support and candle base zone.

🔁 Exit Strategy If Already Holding

Momentum Fade Signals

Price reversal from ₹1,222 with declining volume.

RSI drop below 72 + MACD histogram contraction.

Price falls below ₹1,204.

Profit Zone: ₹1,220–₹1,232 Ideal zone to reduce or fully exit depending on momentum.

Trailing Stop Approach: If price crosses ₹1,232, trail SL to ₹1,215 and monitor last-hour price behavior.

💡 Pro Tip

The sharp surge in volume alongside a powerful MACD suggests traders are chasing a breakout. Yet with RSI floating at high levels and negative PEG, it’s not a swing setup—purely intraday with tight risk control.

Would you like me to scan the sugar industry for similar volume-momentum combinations? This one’s got a sweet setup, but there might be more in the jar. 🍯📈

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