GLENMARK - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.3

📊 Intraday Trading Analysis — GLENMARK

✅ Bullish Setup Highlights

Momentum Indicators: RSI at 59.4 and MACD at 27.2 suggest strong bullish momentum, ideal for breakout or scalping trades.

Volume Surge: Current volume (12.28 lakh) is significantly above 1-week average (7.15 lakh), indicating strong intraday interest.

Trend Strength: Price is well above both 50-DMA (₹1,990) and 200-DMA (₹1,710), confirming short- and medium-term bullish alignment.

Earnings Growth: PAT jumped from ₹269 Cr. to ₹596 Cr. — a 121% surge, boosting sentiment.

Institutional Sentiment: DII holdings increased by 3.04% — strong domestic support.

⚠️ Risk Factors

Valuation: P/E of 31.8 is close to industry average (33.4), but PEG ratio of 15.9 suggests expensive growth.

FII Sentiment: Decline of 2.53% in FII holdings — some caution from foreign investors.

Fundamentals: ROCE (9.72%) and ROE (7.35%) are modest despite strong earnings.

52W Index at 82.8%: Near yearly highs — potential resistance and profit booking.

📈 Intraday Strategy

🔹 Optimal Buy Price

Buy Zone: ₹2,100–₹2,112 (near VWAP and breakout level)

🔹 Profit-Taking Levels

Target 1: ₹2,145 (minor resistance)

Target 2: ₹2,175 (if volume sustains and RSI >62)

🔹 Stop-Loss Level

Stop-Loss: ₹2,075 (below VWAP and psychological support)

🔻 Exit Strategy If Already Holding

Exit on Weakness

Price drops below ₹2,080 with rising volume and RSI dips below 55

MACD flattens or turns negative

Exit on Strength

Price breaks ₹2,145 with volume >1.5x average and RSI >62

Trail stop-loss upward to ₹2,112 once ₹2,145 is breached

🧠 Final Take

GLENMARK is a strong intraday candidate today, backed by momentum, volume, and earnings strength. While valuation and foreign sentiment raise mild caution, the setup favors breakout or scalping trades with disciplined risk control.

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

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