IDEA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.5
| Stock Code | IDEA | Market Cap | 1,22,969 Cr. | Current Price | 11.4 ₹ | High / Low | 12.8 ₹ |
| Book Value | -7.58 ₹ | Dividend Yield | 0.00 % | ROCE | -2.07 % | ROE | % |
| Face Value | 10.0 ₹ | DMA 50 | 10.7 ₹ | DMA 200 | 9.43 ₹ | Chg in FII Hold | 0.00 % |
| Chg in DII Hold | 0.85 % | PAT Qtr | -6,406 Cr. | PAT Prev Qtr | -5,622 Cr. | RSI | 57.3 |
| MACD | -0.02 | Volume | 54,37,50,941 | Avg Vol 1Wk | 98,93,89,182 | Low price | 6.12 ₹ |
| High price | 12.8 ₹ | 52w Index | 78.3 % | Qtr Profit Var | 3.45 % | EPS | -2.64 ₹ |
| Industry PE | 39.0 |
📊 Analysis: IDEA is trading at ₹11.4, above both 50 DMA (₹10.7) and 200 DMA (₹9.43), showing short-term strength. RSI (57.3) is neutral, while MACD (-0.02) is flat, indicating lack of clear momentum. Intraday volume (54.3 Cr shares) is lower than the 1-week average (98.9 Cr), suggesting reduced trader participation. Fundamentals remain weak with negative book value (-₹7.58), negative ROCE (-2.07%), and large quarterly losses. Intraday potential is limited and highly speculative.
💡 Optimal Buy Price: ₹11.2–₹11.4 if price consolidates near support.
🎯 Profit-Taking Exit Levels: ₹11.8–₹12.2 (short-term resistance zone).
🛡️ Stop-Loss Protection: ₹11.0 (below recent support).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above ₹11.6 or if RSI dips below 55 with weak volume. Quick profit booking is advisable given speculative nature and weak fundamentals.
✅ Positive
- Stock trading above both 50 DMA and 200 DMA, showing short-term strength.
- DII holdings increased (+0.85%), showing domestic investor support.
- Strong liquidity with very high trading volumes.
⚠️ Limitation
- No meaningful P/E due to negative EPS (-₹2.64).
- Negative book value (-₹7.58) reflects weak financial health.
- Quarterly losses remain large despite slight improvement.
- Dividend yield is 0%, offering no income support.
📉 Company Negative News
- Quarterly PAT remains deeply negative (-₹6,406 Cr vs -₹5,622 Cr).
- ROCE (-2.07%) and ROE remain negative.
📈 Company Positive News
- DII holdings increased (+0.85%).
- Quarterly loss variation (+3.45%) shows marginal improvement.
🏭 Industry
- Industry PE is 39.0, but IDEA has no valid P/E due to losses.
- Telecom sector remains competitive, with heavy reliance on subscriber growth and tariff hikes.
🔎 Conclusion
IDEA is a weak candidate for intraday trading today due to poor fundamentals and lack of clear momentum. While short-term technicals show mild strength above DMA levels, risk-reward is unfavorable. Best suited for speculative scalps near support with tight stop-losses, rather than aggressive intraday positions.