INDGN - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.6

📉 INDGN shows improving earnings and institutional interest, but weak momentum and low volume suggest a cautious intraday approach.

📈 Optimal Trade Setup

• Buy Price: Above 544 ₹ (confirmation above current price and near-term resistance)
• Profit Target: 552 ₹ – 560 ₹
• Stop Loss: 530 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price dips below 530 ₹ or RSI drops below 40
• Volume Watch: Exit if volume stays below 2 lakh and price fails to reclaim 544 ₹
• Momentum Trigger: Hold if MACD starts converging and RSI crosses 46

✅ Positive

• Quarterly PAT improved from ₹45.1 Cr. to ₹59.9 Cr. — strong earnings growth
• FII holding increased by 1.26% — rising foreign investor confidence
• Debt-to-equity ratio of 0.03 — strong balance sheet
• ROCE (16.6%) and ROE (12.6%) reflect decent capital efficiency

⚠️ Limitation

• MACD (-5.79) and RSI (42.8) show weak momentum
• Volume (1.64 lakh) is below weekly average (3.02 lakh) — needs confirmation
• Price below both 50 DMA (556 ₹) and 200 DMA (573 ₹) — bearish technical setup
• High P/E (61.9) and PEG (5.94) suggest expensive valuation

🚫 Company Negative News

• DII holding declined by 0.25% — reduced domestic institutional interest

📢 Company Positive News

• EPS of ₹8.71 and quarterly profit variation of 33.7% show strong operational performance
• Price recovery from 52-week low of ₹485 shows resilience

🏭 Industry

• Industry PE is 39.3, while INDGN trades at 61.9 — premium valuation
• Specialty chemicals and industrial gases sector remains active with demand from pharma and clean energy

🧾 Conclusion

• INDGN is a moderately cautious intraday candidate today with improving fundamentals but weak technicals
• Entry above 544 ₹ is viable with tight stop loss and volume confirmation
• Monitor RSI and MACD for continuation or early exit signals

I can also compare INDGN with Linde India or Deepak Nitrite to help you identify stronger intraday setups in the specialty chemicals space.