IKS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | IKS | Market Cap | 28,946 Cr. | Current Price | 1,687 ₹ | High / Low | 1,876 ₹ |
| Stock P/E | 58.2 | Book Value | 86.2 ₹ | Dividend Yield | 0.00 % | ROCE | 35.0 % |
| ROE | 32.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,490 ₹ | DMA 200 | 1,564 ₹ |
| Chg in FII Hold | 0.63 % | Chg in DII Hold | 0.34 % | PAT Qtr | 146 Cr. | PAT Prev Qtr | 138 Cr. |
| RSI | 74.3 | MACD | 56.5 | Volume | 3,42,163 | Avg Vol 1Wk | 6,36,171 |
| Low price | 1,262 ₹ | High price | 1,876 ₹ | PEG Ratio | 3.35 | Debt to equity | 0.07 |
| 52w Index | 69.2 % | Qtr Profit Var | 76.7 % | EPS | 29.0 ₹ | Industry PE | 26.0 |
📊 IKS shows strong momentum for intraday trading today. RSI at 74.3 indicates overbought conditions, but MACD is highly positive (56.5), confirming bullish sentiment. Current price (1,687 ₹) is above both 50 DMA (1,490 ₹) and 200 DMA (1,564 ₹), reflecting short-term and medium-term strength. Volume is below weekly average, which may limit sharp moves, but overall trend remains positive.
💡 Optimal Buy Price: Around 1,670–1,690 ₹ (support zone)
🎯 Potential Exit Levels: Profit-taking at 1,720–1,740 ₹; Stop-loss near 1,650 ₹
⏱️ If already holding intraday, consider exiting if price fails to sustain above 1,687 ₹ or if RSI rises further above 75, signaling exhaustion. Watch for resistance near 1,740 ₹ — a breakout could extend gains, but failure may trigger quick reversals.
✅ Positive
- Strong ROCE (35%) and ROE (32.3%)
- Stock trading above both 50 DMA and 200 DMA
- Quarterly PAT growth (146 Cr. vs 138 Cr.)
- FII and DII holdings increased (0.63% and 0.34%)
⚠️ Limitation
- High P/E ratio (58.2) compared to industry average
- PEG ratio at 3.35, suggesting expensive growth valuation
- Volume lower than weekly average, limiting intraday volatility
📉 Company Negative News
- No dividend yield (0%)
- High valuation compared to peers
📈 Company Positive News
- EPS at 29 ₹, showing strong earnings base
- Quarterly profit variation up 76.7%
- Strong institutional support with increased holdings
🏭 Industry
- Industry PE at 26.0 vs IKS’s PE of 58.2 (stock overvalued compared to peers)
- Sector outlook remains strong with growth opportunities
🔎 Conclusion
IKS is a strong candidate for intraday trading today, supported by bullish momentum and price above key moving averages. Traders can look for gains near resistance levels, but should remain cautious of overbought RSI and high valuation. Quick exits are recommended to lock in profits.