GRANULES - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.2

📊 Intraday Trading Analysis — GRANULES

✅ Bullish Setup Highlights

Momentum Indicators: RSI at 72.5 is in overbought territory, suggesting strong momentum but also caution for potential reversal. MACD at 18.4 confirms bullish crossover.

Volume Surge: Current volume (13.89 lakh) is well above 1-week average (11.83 lakh), indicating strong intraday participation.

Trend Strength: Price is significantly above both 50-DMA (₹497) and 200-DMA (₹504), confirming short-term and medium-term bullish alignment.

Technical Positioning: Trading near recent highs with potential to test ₹550–₹560 range if momentum sustains.

⚠️ Risk Factors

Valuation: P/E of 46.6 vs industry average of 33.4 and PEG of -5.42 — expensive and growth-skeptical.

Fundamentals: ROCE (10.9%) and ROE (9.14%) are modest; Book Value (₹140) vs CMP (₹543) shows premium pricing.

Profit Decline: PAT dropped 16.2% QoQ — may cap upside sentiment.

FII Sentiment: Decline of 1.90% — foreign investors showing caution.

📈 Intraday Strategy

🔹 Optimal Buy Price

Buy Zone: ₹538–₹543 (near VWAP and breakout level)

🔹 Profit-Taking Levels

Target 1: ₹552 — minor resistance

Target 2: ₹560 — if volume spikes and RSI holds above 70

🔹 Stop-Loss Level

Stop-Loss: ₹530 — below VWAP and psychological support

🔻 Exit Strategy If Already Holding

Exit on Weakness

Price drops below ₹532 with rising volume and RSI dips below 68

MACD flattens or shows bearish divergence

Exit on Strength

Price breaks ₹552 with volume >1.5x average and RSI >74

Trail stop-loss upward to ₹543 once ₹552 is breached

🧠 Final Take

GRANULES is a strong intraday candidate today, backed by momentum, volume, and technical strength. While valuation and earnings softness raise 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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