INDGN - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 IntraDay Trade Rating for INDGN: 3.3
INDGN is technically showing signs of exhaustion, hovering below key moving averages with weak momentum. Fundamentally, it’s lean and efficient with strong institutional interest, but the current chart setup leans toward caution rather than conviction for intraday trading. Still, short-term scalps might be considered if clear signals emerge.
⚙️ Technical Snapshot
Current Price ₹549 is below both DMA 50 (₹572) and DMA 200 (₹584) → short-term trend is bearish.
RSI (38.4) → nearing oversold zone, bounce possible but not confirmed.
MACD (-7.03) → deep negative, momentum is fading.
Volume (2.88L) < Avg Vol (3.76L) → declining trading interest, soft participation.
💼 Fundamental Highlights
Metric Value Commentary
ROCE / ROE 24.8% / 20.6% Solid operational performance
EPS ₹17.0 Supports valuation
Debt/Equity 0.04 Very low leverage
FII / DII Change +4.80% / +2.24% Strong institutional accumulation
PEG Ratio 1.06 Fair growth pricing
PAT Growth (Q/Q) +7.3% Earnings up, steady progress
A fundamentally sound company, though not ideal for high-volatility trades today.
🎯 Intraday Trading Strategy
🟢 Fresh Buy Levels
Entry Zone: ₹547–₹550 (trigger only on strong bullish candle + volume spike on 5-min chart)
Profit Targets
Level 1: ₹556
Level 2: ₹562
Stop Loss: ₹542
🔄 Already Holding Today?
Exit Guide
Momentum Exit: ₹556–₹562 — watch for resistance near ₹565 zone.
Breakdown Exit: Below ₹542 with rising volume → cut to avoid deeper correction.
RSI dipping below 35 + MACD divergence = warning sign for exit.
🧠 Final Take
INDGN isn't built for high-momentum intraday action today — but scalpers could find short bursts if the price reverses near ₹550 with supportive candles. Risk management must be tight, as indicators are still tilted toward caution.
Want me to scan healthcare or mid-cap pharma names with more bullish setups right now? I’ve got a few charts that might be more vibrant. Let’s level up your trade radar. 💡📈
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