GMDCLTD - IntraDay Trade Analysis

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

📈 Intraday Trade Analysis – Gujarat Mineral Development Corporation Ltd. (GMDCLTD) IntraDay Trade Rating: 4.0

GMDCLTD is showing a technically bullish setup for intraday trading today. With strong MACD momentum, neutral RSI, and price action above key moving averages, the stock is well-positioned for short-term scalping or breakout trades. Fundamentals like low debt and healthy ROCE/ROE further support the case.

🔍 Technical Snapshot

RSI (50.8) → Neutral zone; bullish if it climbs above 54.

MACD (10.7) → Strong positive divergence; momentum is building.

Volume (32.6L vs Avg 53.1L) → Slightly below average, but still healthy for intraday setups.

Price above DMA50 (₹392) & DMA200 (₹351) → Bullish trend intact.

52W Index: 75.1% → Near yearly highs; breakout potential exists.

💸 Intraday Trade Setup

🔧 Trade Component Suggested Price Zone (₹)

Buy Zone ₹408 – ₹412

Profit Target ₹420 – ₹428

Stop-Loss Level Below ₹402

Entry near ₹410 is ideal on bullish candle confirmation (e.g., hammer, engulfing) and volume pickup above 35L. Avoid chasing if price stalls near resistance.

⏱️ If Already Holding Today

Exit for Profit

Target: ₹420–₹428

Confirmation: RSI > 54, MACD steepening upward, and volume trending toward 40L+

Exit for Loss Protection

Stop-loss: ₹402 or if RSI dips below 48 and MACD flattens.

Watch for reversal candles (e.g., shooting star) or long upper wicks near ₹415.

🧭 Final Takeaway

GMDCLTD is a solid intraday candidate today with bullish technicals and strong price structure. If volume sustains and RSI trends upward, it could offer a clean 2%–4% move. Want to explore similar setups in the mining or energy space? I’ve got a few tickers that might catch your eye.

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