IGL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.6

📊 Intraday Trade Analysis for IGL

✅ Strengths

MACD (1.82): Bullish crossover, indicating upward momentum.

RSI (57.7): Neutral-to-bullish zone, with room to rise before overbought.

Price Above DMA 50 & 200: Trading above both (₹211 and ₹209), confirming short-term strength.

Debt-to-Equity (0.01): Virtually debt-free, ideal for short-term trades.

ROCE (20.8%) & ROE (15.7%): Strong operational and shareholder returns.

FII Holding Increase (+2.15%): Institutional accumulation supports sentiment.

⚠️ Weaknesses

Volume Drop: Current volume (6.25L) is significantly below 1-week average (12.13L), suggesting reduced intraday interest.

PEG Ratio (6.30): Indicates expensive growth.

DII Holding Decline (-2.19%): Domestic institutions trimming exposure.

Qtr Profit Var (-11.3%): Earnings contraction.

52w Index (47.5%): Underperforming relative to yearly high (₹285).

🎯 Intraday Strategy

📈 If Entering Fresh Today

Optimal Buy Zone: ₹213.50–₹215.20 (on dips near VWAP or minor support)

Profit Targets

Primary Target: ₹219.80 (minor resistance)

Secondary Target: ₹223.50 (if momentum sustains)

Stop Loss: ₹210.40 (below DMA 200 and psychological support)

📉 If Already Holding Today

Exit on Weakness

If price breaks below ₹212 with rising volume and bearish candles.

RSI drops below 54 or MACD flattens — signals fading momentum.

Exit on Strength

If price hits ₹219.80–₹223.50 and RSI crosses 70 with declining volume — consider booking profits.

Watch for bearish divergence or reversal candles near resistance.

🧠 Final Take

IGL offers a moderately bullish intraday setup with strong fundamentals and technical support. However, fading volume and rich valuation suggest caution. Best suited for quick scalps with disciplined stop-losses and momentum tracking.

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