GODREJIND - IntraDay Trade Analysis

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

📉 Intraday Trade Analysis – Godrej Industries Ltd. (GODREJIND) IntraDay Trade Rating: 2.4

GODREJIND presents a weak technical setup for intraday trades today. Despite strong profit growth, the sluggish momentum, negative MACD, low RSI, and heavy debt load suggest limited upside and higher risk. It’s best approached with caution — or potentially skipped — in favor of more momentum-friendly charts.

🔍 Technical Snapshot

RSI (37.7) → Skimming oversold territory; implies weakness and lack of demand.

MACD (-22.6) → Deep in negative zone; bearish sentiment prevailing.

Volume (1.6L vs Avg 1.1L) → Slightly above average, but no surge indicating breakout interest.

Price stuck below DMA50 (₹1,171) → Currently trading below short-term resistance.

Debt-to-Equity Ratio (3.75) → Very high leverage; undesirable for nimble intraday positioning.

Price far below 52-week high (₹1,392) → Reflects sustained downtrend.

💸 Intraday Trade Setup

📌 Trade Component Suggested Levels (₹)

Buy Zone ₹1,113 – ₹1,117

Profit Target ₹1,125 – ₹1,132

Stop-Loss Level Below ₹1,105

⚠️ Very narrow trade margin. Entry only recommended on tight reversal signals (green hammer candle + MACD flattening). Avoid chasing unless volume spikes past 2L midday and RSI turns upward above 42.

⏱ If You're Already Holding Today

Profit Exit Plan

Exit between ₹1,125–₹1,132 if RSI ticks toward 45 and MACD flattens with bullish divergence.

Volume approaching 2L+ is needed to justify upside.

Loss-Protect Strategy

Exit below ₹1,105 if RSI dips under 35 or MACD deepens.

Red candles with falling volume signal imminent weakness.

🧠 Final Takeaway

GODREJIND isn't a solid candidate for intraday momentum today — lack of technical alignment, high debt, and weak price action suggest limited potential. This setup favors scalpers with tight risk management or those monitoring intraday reversals closely.

If you’re scouting stronger intraday movers, I can pull up a few names with bullish MACD crossovers, higher RSI readings, and trend support. Let’s find something with a little more spark.

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