IKS - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

2.9

📊 Intraday Snapshot — IKS

IKS has decent momentum fundamentals but today’s technicals offer a more muted trading opportunity. The low volume, underperforming MACD, and mid-range RSI suggest caution is warranted — entry possible but needs confirmation.

🔍 Technical Insights

RSI: 45.7 — teetering between neutral and bullish, not a strong signal yet.

MACD: -6.76 — bearish momentum persisting, with no clear reversal.

Current Price: ₹1,583 sits below 50 DMA (₹1,602) and well below 200 DMA (₹1,697) — slight downtrend pressure.

Volume: 81K vs 1Wk Avg 1.9L — reduced market participation today.

📈 Ideal Trade Strategy

✅ Optimal Buy Price

Watch for pullback toward ₹1,570–₹1,575 zone — enter only if RSI starts climbing above 48 and MACD flattens.

💰 Profit-Taking Targets

Primary Resistance: ₹1,600–₹1,605

Momentum Extension Zone: ₹1,615–₹1,620 if volume spikes and RSI moves toward 52+

🛑 Stop-Loss Range

Exit below ₹1,560 — especially with rising bearish volume, as price could drop toward ₹1,540.

🚪 Already Holding Today?

If you're sitting on this intraday

Holding around ₹1,583–₹1,585? Exit near ₹1,600 unless momentum strengthens.

MACD remains weak and RSI stalls? Take profits quickly in ₹1,595–₹1,600 range.

Break below ₹1,560? Swift exit advised to avoid deeper downside.

IKS isn’t the hottest chart today, but a nimble entry on confirmation could yield modest gains. Want help identifying stronger momentum candidates or setting up automated watchlists for volume breakout? Just say the word.

Edit in a page