IRCTC - IntraDay Trade Analysis

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

🚆 IntraDay Trade Rating for IRCTC: 2.9

IRCTC is hovering near its support zone and technically oversold — but bearish momentum and weak volume make it a low-conviction intraday trade. The setup favors nimble reversal plays only if intraday strength builds convincingly.

📉 Technical Pulse Check

RSI (32.1): Approaching oversold territory. Bounce potential, but not guaranteed.

MACD (-8.20): Strong bearish divergence — momentum still weak.

Current Price ₹736 sits below

DMA 50 ₹766

DMA 200 ₹788 → Medium-term trend is downward.

🔍 Volume Watch

Current Volume (5.13 Lakh) < Avg Volume (6.28 Lakh) → Participation is tepid.

Entry only valid on volume spike >6.5 Lakh paired with bullish 15-min candle.

📊 Fundamental Snapshot

📌 Metric Value Insight

ROCE / ROE 49.0% / 37.2% Exceptional — efficient capital use

Debt/Equity 0.02 Near debt-free — strong financial footing

PAT Q/Q Slight dip ₹328 Cr ↓ from ₹341 Cr

EPS / PE ₹16.4 / 45.9 Richly valued relative to industry PE

FII / DII Change ↓ 0.09% / ↑ 0.27% DII interest picking up, FII cautious

Fundamentally robust but momentum is against an aggressive intraday play.

🎯 Intraday Trade Blueprint

📈 Fresh Entry Setup

Buy Zone: ₹734 – ₹738 (only after bullish engulfing candle + volume burst)

Profit Targets

Level 1: ₹745

Level 2: ₹752

Stop-Loss: ₹729 (just below short-term support zone)

🔄 If Holding Already Today

Exit Near: ₹745–₹752 (on hesitation or volume fade)

Breakdown Exit: Below ₹729 with widening red candle

Trailing Stop Suggestion: ₹731 (protects downside if bounce falters)

🧠 Final Take

IRCTC’s chart shows signs of exhaustion, but no clean reversal signal yet. Fundamentals are stellar — so any bounce could catch traction quickly if bulls engage. Until that happens, intraday action is defensive and reactive.

Want me to peek into similar travel-sector plays or check rail-related PSU stocks trending today? I’ll have a few options ready to roll. 📦📈

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