HINDALCO - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.4

📈 Hindalco shows strong momentum and technical strength, making it a favorable candidate for intraday trading today.

📈 Optimal Trade Setup

• Buy Price: Above 835 ₹ (confirmation of breakout above current price)
• Profit Target: 850 ₹ – 860 ₹
• Stop Loss: 820 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price drops below 820 ₹ or RSI dips below 60
• Volume Watch: Exit if volume falls below 45 lakh and price fails to sustain above 835 ₹
• Momentum Trigger: Hold if MACD continues rising and RSI crosses 65

✅ Positive

• MACD (25.6) and RSI (63.8) indicate strong bullish momentum
• Price above both 50 DMA (773 ₹) and 200 DMA (701 ₹) — confirms uptrend
• Quarterly PAT increased from ₹1,561 Cr. to ₹1,862 Cr. — strong earnings growth
• FII holding increased by 0.53%, showing foreign investor confidence

⚠️ Limitation

• Volume (47 lakh) slightly below weekly average (50 lakh) — watch for confirmation
• High PEG ratio (11.4) suggests expensive valuation relative to growth
• ROE (8.98%) and ROCE (12.9%) are moderate compared to industry leaders

🚫 Company Negative News

• DII holding dropped by 0.82%, indicating reduced domestic institutional interest

📢 Company Positive News

• EPS of ₹30.2 and strong quarterly profit variation (26.6%) reflect solid financial performance
• 52-week performance up 89.5% — strong long-term trend

🏭 Industry

• Industry PE is 19.5, while Hindalco trades at 27.6 — premium valuation
• Aluminum and metals sector showing resilience amid global demand recovery

🧾 Conclusion

• Hindalco is a strong intraday candidate today with bullish technical indicators and earnings momentum
• Entry above 835 ₹ is ideal with tight stop loss and volume confirmation
• Monitor RSI and MACD for continuation signals or early exit triggers

I can also scan other metal stocks like Tata Steel or JSW Steel to compare intraday setups if you're building a sector-based strategy.