JINDALSAW - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | JINDALSAW | Market Cap | 12,673 Cr. | Current Price | 198 ₹ | High / Low | 286 ₹ |
| Stock P/E | 11.1 | Book Value | 192 ₹ | Dividend Yield | 1.01 % | ROCE | 20.9 % |
| ROE | 17.4 % | Face Value | 1.00 ₹ | DMA 50 | 182 ₹ | DMA 200 | 196 ₹ |
| Chg in FII Hold | -1.26 % | Chg in DII Hold | -0.85 % | PAT Qtr | 227 Cr. | PAT Prev Qtr | 79.3 Cr. |
| RSI | 59.6 | MACD | 3.96 | Volume | 33,16,778 | Avg Vol 1Wk | 3,12,54,537 |
| Low price | 153 ₹ | High price | 286 ₹ | PEG Ratio | 0.16 | Debt to equity | 0.28 |
| 52w Index | 34.1 % | Qtr Profit Var | -52.5 % | EPS | 17.9 ₹ | Industry PE | 18.1 |
📊 Analysis: JINDALSAW shows moderate intraday strength with RSI at 59.6 (bullish zone) and MACD at 3.96 (positive). Price is trading above both 50 DMA (182 ₹) and 200 DMA (196 ₹), indicating short-term bullish momentum. Volume is below average, reducing conviction. Fundamentals are strong (ROE 17.4%, ROCE 20.9%), with attractive valuation (P/E 11.1 vs industry 18.1) and EPS at 17.9 ₹. However, PAT declined (227 Cr vs 79.3 Cr previously, with -52.5% variation), raising caution despite valuation comfort.
💰 Optimal Buy Price: 195–200 ₹ (near support, above 196 ₹ DMA).
🎯 Profit Exit Levels: 205 ₹ (first resistance), 215 ₹ (second resistance).
🛡️ Stop-Loss: 190 ₹ (below intraday support).
📈 If Already Holding: Exit near 205–215 ₹ if momentum indicators show continuation with strong volume. If price fails to sustain above 195 ₹, consider exiting to protect capital.
✅ Positive
- Strong ROCE (20.9%) and ROE (17.4%)
- Trading above 50 DMA and 200 DMA
- EPS at 17.9 ₹ supports earnings visibility
- PEG ratio at 0.16 indicates attractive valuation
- Dividend yield at 1.01% provides income support
⚠️ Limitation
- Volume below average, reducing intraday conviction
- Quarterly profit variation at -52.5%
- FII holding decreased (-1.26%)
- DII holding decreased (-0.85%)
📉 Company Negative News
- PAT declined (227 Cr vs 79.3 Cr previously)
- Institutional interest reduced (FII & DII holdings down)
📈 Company Positive News
- Strong fundamentals with ROE and ROCE above industry averages
- Stock trading above key moving averages
- Dividend yield at 1.01% adds investor confidence
🏭 Industry
- Industry PE at 18.1 vs JINDALSAW PE at 11.1 (stock undervalued relative to peers)
- Steel & pipe sector showing steady demand recovery with 52-week index growth at 34.1%
🔎 Conclusion
JINDALSAW is fundamentally strong and undervalued compared to peers, with bullish technical signals. However, weak profit growth and reduced institutional interest limit conviction. Suitable for cautious intraday trades near support with strict stop-loss. Best for short scalps today with potential upside toward resistance levels if momentum sustains.
Would you like me to extend this into a peer benchmarking overlay (Welspun Corp, Ratnamani Metals, Tata Steel Pipes) so you can compare JINDALSAW’s intraday setup against sector peers for confirmation signals?