FORCEMOT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | FORCEMOT | Market Cap | 26,430 Cr. | Current Price | 20,063 ₹ | High / Low | 22,000 ₹ |
| Stock P/E | 32.3 | Book Value | 2,720 ₹ | Dividend Yield | 0.20 % | ROCE | 29.3 % |
| ROE | 20.2 % | Face Value | 10.0 ₹ | DMA 50 | 19,053 ₹ | DMA 200 | 16,238 ₹ |
| Chg in FII Hold | 0.19 % | Chg in DII Hold | 0.32 % | PAT Qtr | 350 Cr. | PAT Prev Qtr | 185 Cr. |
| RSI | 54.6 | MACD | 82.4 | Volume | 59,053 | Avg Vol 1Wk | 52,744 |
| Low price | 6,200 ₹ | High price | 22,000 ₹ | PEG Ratio | 0.29 | Debt to equity | 0.00 |
| 52w Index | 87.7 % | Qtr Profit Var | 148 % | EPS | 815 ₹ | Industry PE | 32.0 |
📊 Analysis: FORCEMOT shows strong potential for intraday trading. RSI at 54.6 indicates balanced momentum, while MACD (82.4) confirms bullish undertone. Current price (20,063 ₹) is well above both 50 DMA (19,053 ₹) and 200 DMA (16,238 ₹), reflecting strong upward trend. Volume (59,053) is slightly above weekly average (52,744), supporting intraday participation. With strong fundamentals and technicals, the stock is favorable for intraday trades.
💰 Optimal Buy Price: 19,950–20,100 ₹ if support holds.
📈 Profit-Taking Levels: 20,400–20,800 ₹ (near-term resistance zone).
⚠️ Stop-Loss: 19,800 ₹ to protect against downside risk.
⏱️ If Already Holding: Exit near 20,400–20,800 ₹ if momentum fades. If price breaks below 19,800 ₹ with volume, consider immediate exit to avoid deeper losses.
🌟 Positive
- Strong ROCE (29.3%) and ROE (20.2%), showing efficient capital use.
- EPS at 815 ₹ reflects robust profitability.
- Quarterly PAT surged to 350 Cr. from 185 Cr. (+148%).
- Price trading above both 50 DMA and 200 DMA, confirming bullish trend.
- Low debt-to-equity ratio (0.00), indicating financial stability.
- FII (+0.19%) and DII (+0.32%) holdings increased, showing investor confidence.
⚠️ Limitation
- Dividend yield at 0.20%, offering limited income support.
- High stock P/E (32.3) compared to book value, suggesting premium valuation.
- Volume only marginally above average, limiting sharp intraday moves.
📉 Company Negative News
- Stock trading close to 52-week high (22,000 ₹), which may act as resistance.
📈 Company Positive News
- Quarterly profit growth highlights strong operational performance.
- PEG ratio at 0.29, suggesting attractive valuation relative to growth.
🏭 Industry
- Industry PE at 32.0, close to company’s PE (32.3), suggesting fair valuation.
- Sector sentiment strong with 52-week index at 87.7%.
✅ Conclusion
FORCEMOT is a strong candidate for intraday trading. Bullish momentum, strong fundamentals, and rising profits support upside potential. Suitable for trades between 19,950–20,800 ₹ with strict stop-loss at 19,800 ₹. Watch for resistance near 22,000 ₹ before aggressive positions.