HONASA - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.4

📉 Honasa shows weak momentum and low volume, making it a cautious intraday candidate today.

📈 Optimal Trade Setup

• Buy Price: Above 286 ₹ (only if price sustains above 50 DMA)
• Profit Target: 292 ₹ – 298 ₹
• Stop Loss: 275 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price dips below 275 ₹ or RSI drops below 45
• Volume Watch: Exit if volume stays below 3 lakh and price fails to reclaim 286 ₹
• Momentum Trigger: Hold only if MACD starts converging and RSI crosses 50

✅ Positive

• EPS of ₹2.19 and low debt-to-equity (0.09) reflect financial discipline
• Quarterly PAT improved from ₹24.6 Cr. to ₹39.9 Cr.
• DII holding increased by 0.25%, showing domestic institutional support

⚠️ Limitation

• MACD (-3.08) and RSI (47.8) show weak momentum
• Volume (2.25 lakh) is significantly below weekly average (4.28 lakh)
• Price below both 50 DMA and 200 DMA — bearish short-term setup

🚫 Company Negative News

• FII holding declined by 0.59%, indicating reduced foreign investor confidence
• Quarterly profit variation of just 1.6% — limited earnings momentum

📢 Company Positive News

• Strong recovery in PAT quarter-on-quarter
• Stable fundamentals with low leverage and improving operational metrics

🏭 Industry

• Industry PE is 51.6, while Honasa trades at 128 — significantly overvalued
• Consumer goods sector remains competitive with valuation pressure on growth stocks

🧾 Conclusion

• Honasa is a cautious intraday candidate today due to weak momentum and low volume
• Entry only above 286 ₹ with volume confirmation and RSI improvement
• Monitor MACD and price action near 50 DMA for exit or continuation signals

I can also compare Honasa with Nykaa or Marico to help you spot stronger intraday setups in the personal care segment.