ITI - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating for ITI: 2.8

ITI is walking a tightrope — technically oversold and hovering near its 200 DMA, but heavy fundamental concerns and declining momentum make it a risky candidate for today's intraday action. It's less about chasing opportunity and more about managing exposure wisely.

📉 Technical Context

Price ₹300 < DMA 50 (₹310) but > DMA 200 (₹298) → suggests mild support but weak directional conviction.

RSI (37.6) → hovering near oversold zone — potential short-term bounce.

MACD (-4.07) → deep bearish sentiment remains.

Volume (1.96L) < Avg Vol (2.41L) → low interest in current session.

⚙️ Fundamental Snapshot

Metric Value Commentary

ROCE / ROE -0.77% / -14.7% Negative efficiency — red flag

EPS ₹-2.24 Loss-making — poor earnings profile

Debt/Equity 0.91 High leverage

PAT Qtr ₹-66.8 Cr Worsening loss Q/Q

PEG / P/E Not available Signals unclear valuation metrics

These suggest ITI is better approached with caution — favorable only for tactical scalps, not directional conviction.

🎯 Intraday Strategy

✅ Fresh Entry (Aggressive Scalp Setup)

Buy Zone: ₹298–₹301 (only on 5-min bullish candle + uptick in volume)

Exit Targets

Level 1: ₹305

Level 2: ₹308

Stop Loss: ₹295

🛑 Already Holding Today?

Exit Signals

Profit zone: ₹305–₹308, if resistance pressure appears.

Breakdown risk: Price drops below ₹297 with high volume — exit to avoid deeper cut.

RSI below 35 + MACD diverging further → stay clear.

🧠 Final Take

ITI isn’t structurally healthy for intraday momentum trades. If you're nimble and watching charts in real time, scalp trades may reward quick exits. Otherwise, it’s best avoided today, especially without strong bullish triggers or volume support.

Want to shift gears and explore stronger tech-industrial names with better intraday potential? I can pull a few sharp candidates based on sector sentiment and current charts. Let’s make your next trade smarter. 🧭📈

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