HONAUT - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.4

📊 Intraday Trading Analysis for HONAUT (Honeywell Automation India)

Honeywell Automation shows a technically neutral-to-weak setup for intraday trading today. While the stock is fundamentally strong and low on debt, momentum indicators and volume trends suggest limited short-term upside.

🔍 Technical Snapshot

Price Action: ₹37,600 is slightly below 50-DMA (₹37,631) and well below 200-DMA (₹38,890) — bearish undertone.

RSI: 52.7 — neutral zone, no strong directional bias.

MACD: -256 — bearish crossover, momentum weakening.

Volume: 2,341 vs 1-week avg of 3,138 — low participation, illiquid for intraday scalping.

VWAP: ₹37,612.80 — price is slightly below VWAP, suggesting cautious entry.

🎯 Trade Setup

Parameter Value

Buy Zone ₹37,500–₹37,600 (near support)

Profit Target ₹37,700–₹37,800 (VWAP breakout zone)

Stop Loss ₹37,300 (below recent support)

📈 Exit Strategy (If Already Holding Today)

Exit on Strength: If price crosses ₹37,700 with rising volume and RSI > 56.

Exit on Weakness: If price drops below ₹37,300 with MACD widening negatively and volume fading.

VWAP Watch: Sustained trading below ₹37,612 signals weakness — consider trimming or exiting.

⚠️ Risk Factors

Valuation: P/E of 65.0 vs industry 37.5 — expensive.

PEG Ratio: 4.16 — growth not justifying valuation.

Profit Dip: PAT down 8.72% QoQ — short-term caution.

FII/DII Flow: Mixed — slight FII inflow (+0.16%), DII outflow (-0.20%).

Debt: Very low (0.02) — strong financial health.

Liquidity: Extremely low volume — not ideal for active intraday trading.

HONAUT is best suited for conservative intraday trades with tight risk controls. Due to low liquidity and weakening momentum, avoid aggressive positions or breakout strategies.

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