FSL - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis – Firstsource Solutions (FSL) IntraDay Trade Rating: 2.5

FSL is not ideal for aggressive intraday trades today. The technicals are flashing caution signals, and the price action appears to be weighed down by bearish indicators and weak momentum.

🔍 Technical Snapshot

RSI (27.9) → Deeply oversold; signals weakness but may attract a bounce — no confirmation yet.

MACD (-9.45) → Strong negative momentum; bearish crossover in play.

Volume (9.04L vs Avg 6.62L) → Unusually higher, which might indicate either exit flows or accumulation — context matters.

Trading below DMA50 (₹360) & DMA200 (₹341) → Downtrend intact.

Even with improved quarterly profits and long-term growth indicators, FSL isn't showing confidence for day-traders today.

💸 Intraday Trade Levels

Action Price Range (₹)

Buy Entry Zone ₹325 – ₹328

Profit Target ₹335 – ₹338

Stop-Loss Level Below ₹322

💡 Look for signs of reversal in the first half of the session. If price stabilizes near ₹328 and RSI improves, there could be a quick scalping setup.

⏱ Already Holding Today? Exit Guidance

For Profit-Taking

Target ₹335–₹338 if RSI moves past 33 and MACD shows narrowing divergence

Confirm with continued high volume (10L+), especially on upticks

For Loss Protection

Exit below ₹322 if RSI continues to deteriorate or MACD accelerates downward

Volume dropping below 6L would confirm lack of interest

🧠 Closing Thought

Today’s setup feels like falling knives or dead cat bounce territory — not your best friend in the intraday jungle. If you’re already exposed, consider defensive tactics. Otherwise, wait for better momentum plays in IT services or BPO stocks with higher intraday volatility and trend clarity.

Want a shortlist of intraday stocks showing breakout behavior right now? I’d be happy to scan and share.

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