IRB - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating for IRB: 3.4

IRB is navigating a transitional zone — technically oversold but seeing decent volume, which means it could present a short-lived opportunity for nimble intraday traders. However, fundamental drag and weak recent profitability urge caution.

📈 Quick Technical Scan

Current Price ₹46.6 is below both DMA 50 (₹48.7) and DMA 200 (₹50.8) → suggests near-term bearish trend.

RSI (38.6) → edging towards oversold zone; could trigger bounce if supported by volume.

MACD (-0.75) → trending negative but flattening, watch for crossover.

Volume today (1.1 Cr) is above average (1.04 Cr) → positive liquidity hint.

📉 Fundamental Snapshot

Metric Value Note

ROCE / ROE 7.82% / 5.95% Weak efficiency

Debt/Equity 1.04 High leverage

PAT Variation -32.2% Sharp Qtr drop

EPS ₹10.7 Reasonable per price level

PEG Ratio 0.69 Fair growth valuation

The fundamentals reflect sluggish returns on capital and high debt — not ideal for bullish conviction in a short-term trade.

🎯 Intraday Strategy

🟢 If Entering Fresh Today

Buy Trigger Zone: ₹46.3 – ₹46.6 (Look for strong green candle on 5-min chart + increasing volume)

Profit Booking Zones

Level 1: ₹47.8

Level 2: ₹48.6

Stop-Loss: ₹45.9

🛑 If Already Holding Today

Exit Signals

If price reaches ₹47.8–₹48.6 with falling volume → book profits.

If price breaks below ₹46.0 with red candles + volume spike → cut losses.

Momentum Watch

MACD flattening may offer bounce setup — exit if no strength by midday.

🧠 Final Take

IRB is a volume-supported rebound candidate, not a breakout play. Sharp entries and exits needed. It's not ideal for passive intraday holding — lean into charts, not fundamentals, for today's trade decisions.

Want to scan similar infra players showing stronger upside setups or need quick chart cues? I'm here to tag in. Let’s keep the edge sharp. 📍

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