GRASIM - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.8

📊 Intraday Trading Analysis — GRASIM

✅ Strengths for Intraday Setup

Momentum Indicators: RSI at 65.4 and MACD at 17.9 suggest strong bullish momentum, approaching overbought territory — favorable for breakout scalping.

Volume: Current volume (5.22 lakh) is above the 1-week average (4.78 lakh), indicating active intraday participation.

Trend Strength: Price is well above both 50-DMA (₹2,784) and 200-DMA (₹2,668), confirming short-term and medium-term bullish alignment.

Technical Positioning: Trading just below its 52-week high (₹2,898) — potential for breakout continuation.

⚠️ Risk Factors

Valuation: P/E of 663 and PEG of -11.0 — extremely overvalued and growth-skeptical.

Fundamentals: ROCE (1.52%) and ROE (0.35%) are weak; EPS of ₹2.42 is low relative to price.

Profit Decline: PAT remains negative, though improved from ₹-174 Cr. to ₹-118 Cr.

Institutional Sentiment: DII holdings declined (-0.33%) — domestic caution.

📈 Intraday Strategy

🔹 Optimal Buy Price

Buy Zone: ₹2,875–₹2,881 (near VWAP and breakout level)

🔹 Profit-Taking Levels

Target 1: ₹2,910 — minor resistance

Target 2: ₹2,940 — if volume spikes and RSI crosses 70

🔹 Stop-Loss Level

Stop-Loss: ₹2,850 — below VWAP and psychological support

🔻 Exit Strategy If Already Holding

Exit on Weakness

Price drops below ₹2,855 with rising volume and RSI dips below 62

MACD flattens or shows bearish divergence

Exit on Strength

Price breaks ₹2,910 with volume >1.5x average and RSI >70

Trail stop-loss upward to ₹2,881 once ₹2,910 is breached

🧠 Final Take

GRASIM is a moderately strong intraday candidate today, supported by momentum, volume, and technical positioning. However, stretched valuation and weak fundamentals suggest caution. Best suited for breakout scalping with disciplined risk control.

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

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