GLAXO - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.1

📊 Intraday Trading Analysis — GLAXO

✅ Strengths

Fundamentals: ROCE (62.6%) and ROE (46.4%) are outstanding, supported by zero debt and strong EPS (₹55.6).

Valuation: P/E of 49.7 is high but justified by quality metrics; still below its 52-week high of ₹3,516.

Volume: Slightly above average (1.13 lakh vs 1.06 lakh) — modest intraday interest.

Institutional Sentiment: FII holdings increased by 0.37% — mild positive.

⚠️ Weaknesses

Momentum Indicators: RSI at 43.4 and MACD at -34.0 — bearish momentum, not ideal for aggressive entries.

Trend Weakness: Price is below both 50-DMA (₹2,881) and 200-DMA (₹2,803), indicating short-term downtrend.

Valuation Stretch: PEG ratio of -2.51 suggests poor earnings growth outlook.

Profit Decline: PAT fell from ₹260 Cr. to ₹205 Cr. — a 21% drop.

52W Index at 51.9%: Mid-range positioning — no breakout setup.

📈 Intraday Strategy

🔹 Optimal Buy Price

Buy Zone: ₹2,735–₹2,749 (near current price and minor support)

🔹 Profit-Taking Levels

Target 1: ₹2,775 (initial resistance)

Target 2: ₹2,800 (if volume spikes and RSI >46)

🔹 Stop-Loss Level

Stop-Loss: ₹2,710 (below recent support and psychological level)

🔻 Exit Strategy If Already Holding

Exit on Weakness

Price drops below ₹2,720 with rising volume and RSI dips below 40

MACD continues downward slope

Exit on Strength

Price breaks ₹2,775 with volume >1.5x average and RSI >46

Trail stop-loss upward to ₹2,749 once ₹2,775 is breached

🧠 Final Take

GLAXO is a cautious intraday candidate today. While fundamentals are strong, weak momentum and technical structure suggest limited upside. Best suited for bounce scalping with tight risk control.

Let me know if you'd like to track reversal signals or set up a trailing stop strategy!

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