FINPIPE - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis – Finolex Industries (FINPIPE) IntraDay Trade Rating: 2.8

Today, FINPIPE is a lukewarm candidate for intraday trading. The technicals hint at sideways to mild weakness, and without volume pickup or a catalyst, the price may linger near support levels.

🔍 Technical Snapshot

RSI (49.3) → Hovering near neutral; not offering directional clarity.

MACD (-0.96) → Slightly bearish; momentum leans weakly negative.

Volume (4.43L vs Avg 10.43L) → Significantly lower than average. No surge in interest.

Current Price near DMA50 (₹208) → Suggests some short-term support but no breakout conviction.

Fundamentals reflect long-term stability (near-zero debt, consistent profits), but for intraday, we need sharper momentum.

💸 Intraday Trade Levels

Action Price Range (₹)

Buy Entry Zone ₹207 – ₹209

Profit Target ₹212 – ₹214

Stop-Loss Level Below ₹204

👀 Monitor price holding above ₹208 with a slow grind upward — ideal for a scalp trade on price bounce.

⏱ Already Holding Today? Exit Guidance

For Profit-Taking

Target ₹212–₹214 on any MACD crossover or RSI push above 55

Watch for volume spike above 7L to validate momentum

For Loss Protection

Exit near ₹204 if price fails to hold support and RSI dips below 45

MACD widening on downside confirms weakness

🧠 Bottom Line

FINPIPE doesn’t scream strength for day trading today. It’s more like a quiet lane — possible intraday moves but best approached with tight risk control and quick exits. If it stays sluggish through the first few hours, skipping the trade altogether wouldn’t be a bad call.

Want to compare it against stronger momentum plays in mid-cap manufacturing or agro infra? I can line up some better candidates for you.

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