JINDALSAW - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | JINDALSAW | Market Cap | 11,963 Cr. | Current Price | 187 ₹ | High / Low | 286 ₹ |
| Stock P/E | 10.4 | Book Value | 192 ₹ | Dividend Yield | 1.07 % | ROCE | 20.9 % |
| ROE | 17.4 % | Face Value | 1.00 ₹ | DMA 50 | 174 ₹ | DMA 200 | 200 ₹ |
| Chg in FII Hold | -1.26 % | Chg in DII Hold | -0.85 % | PAT Qtr | 227 Cr. | PAT Prev Qtr | 79.3 Cr. |
| RSI | 61.8 | MACD | 4.16 | Volume | 23,93,453 | Avg Vol 1Wk | 27,24,305 |
| Low price | 153 ₹ | High price | 286 ₹ | PEG Ratio | 0.16 | Debt to equity | 0.28 |
| 52w Index | 25.5 % | Qtr Profit Var | -52.5 % | EPS | 17.9 ₹ | Industry PE | 19.5 |
📊 Analysis: JINDALSAW is trading at ₹187, above its 50 DMA (₹174) but below its 200 DMA (₹200), reflecting short-term strength but medium-term caution. RSI at 61.8 indicates healthy momentum, while MACD at 4.16 confirms bullish undertone. Current volume (23.9 lakh) is slightly below the 1-week average (27.2 lakh), suggesting moderate intraday participation. Fundamentals remain strong with ROCE 20.9% and ROE 17.4%, supported by low debt-to-equity (0.28). However, quarterly PAT variation (-52.5%) and declining institutional holdings raise caution. Intraday setup favors tactical trades near support with quick profit booking.
💡 Optimal Buy Price: ₹185–₹188 (near support zone).
🎯 Profit-Taking Levels: ₹193–₹198 (short-term resistance).
🛡️ Stop-Loss: ₹180 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹187 with weakening momentum or if volume drops sharply. If intraday rally continues, consider booking profits around ₹193–₹198. Avoid holding beyond resistance unless strong breakout signals appear with volume confirmation.
✅ Positive
- Trading above 50 DMA, showing short-term strength.
- Strong ROCE (20.9%) and ROE (17.4%) indicate efficient capital use.
- Low debt-to-equity ratio (0.28) ensures financial stability.
- EPS of ₹17.9 reflects solid earnings capability.
- PEG ratio of 0.16 suggests attractive valuation relative to growth.
⚠️ Limitation
- Trading below 200 DMA, showing medium-term weakness.
- Quarterly PAT variation (-52.5%) highlights earnings volatility.
- Volume slightly lower than 1-week average, limiting intraday strength.
- Institutional holdings decreased (FII -1.26%, DII -0.85%).
📉 Company Negative News
- Quarterly PAT declined significantly compared to previous quarter.
- Reduced institutional confidence with both FII and DII stake decreases.
- Stock corrected from 52-week high of ₹286 to current ₹187.
📈 Company Positive News
- Strong EPS and book value (₹192) provide fundamental support.
- Dividend yield of 1.07% offers shareholder returns.
- MACD positive, confirming bullish momentum in short term.
🏭 Industry
- Industry PE at 19.5 is higher than JINDALSAW’s PE of 10.4, suggesting undervaluation.
- Steel and pipe manufacturing sector benefits from infrastructure demand.
🔎 Conclusion
JINDALSAW shows strong fundamentals and short-term bullish momentum, making it a moderately good candidate for intraday trading. Traders should buy near support with tight stop-loss and book profits quickly around resistance levels. Caution is advised due to declining quarterly profits and reduced institutional confidence, but momentum favors tactical intraday trades.