IGL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.1

📈 IGL shows strong technical support, improving volume, and healthy momentum — a favorable setup for intraday trading.

📈 Optimal Trade Setup

• Buy Price: Above 217 ₹ (confirmation above current price and MACD support)
• Profit Target: 222 ₹ – 226 ₹
• Stop Loss: 211 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price dips below 211 ₹ or RSI drops below 52
• Volume Watch: Exit if volume stays below 30 lakh and price fails to hold above 217 ₹
• Momentum Trigger: Hold if MACD continues rising and RSI crosses 58

✅ Positive

• MACD (0.52) and RSI (54.7) indicate bullish momentum
• Price above both 50 DMA (212 ₹) and 200 DMA (210 ₹) — confirms short-term strength
• Volume (35.2 lakh) is well above weekly average — strong participation
• ROCE (20.8%) and ROE (15.7%) reflect solid capital efficiency

⚠️ Limitation

• PEG ratio of 6.28 suggests expensive valuation relative to growth
• Quarterly profit variation of -11.3% — slight earnings contraction

🚫 Company Negative News

• No major red flags, but slight decline in quarterly PAT from ₹349 Cr. to ₹356 Cr.

📢 Company Positive News

• EPS of ₹10.2 and dividend yield of 1.98% support investor interest
• FII holding increased by 0.39% and DII by 0.09% — institutional confidence building
• Debt-to-equity ratio of 0.01 — strong balance sheet

🏭 Industry

• Industry PE is 19.7, while IGL trades at 21.2 — slightly premium but justified by fundamentals
• Natural gas distribution sector remains active with clean energy transition and urban expansion

🧾 Conclusion

• IGL is a strong intraday candidate today with bullish momentum and technical strength
• Entry above 217 ₹ is ideal with tight stop loss and volume confirmation
• Monitor RSI and MACD for continuation or early exit signals

I can also compare IGL with MGL or Gujarat Gas to help you identify stronger intraday setups in the city gas distribution space.