JKTYRE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | JKTYRE | Market Cap | 15,768 Cr. | Current Price | 547 ₹ | High / Low | 556 ₹ |
| Stock P/E | 32.3 | Book Value | 162 ₹ | Dividend Yield | 0.55 % | ROCE | 12.1 % |
| ROE | 9.71 % | Face Value | 2.00 ₹ | DMA 50 | 490 ₹ | DMA 200 | 420 ₹ |
| Chg in FII Hold | 0.83 % | Chg in DII Hold | 0.30 % | PAT Qtr | 167 Cr. | PAT Prev Qtr | 173 Cr. |
| RSI | 66.7 | MACD | 10.4 | Volume | 18,12,158 | Avg Vol 1Wk | 12,33,868 |
| Low price | 232 ₹ | High price | 556 ₹ | PEG Ratio | 1.09 | Debt to equity | 0.59 |
| 52w Index | 97.4 % | Qtr Profit Var | 64.3 % | EPS | 17.5 ₹ | Industry PE | 30.2 |
📊 Analysis: JKTYRE is trading at ₹547, very close to its 52-week high of ₹556, indicating strong bullish momentum. RSI at 66.7 suggests the stock is approaching overbought territory, while MACD at 10.4 confirms positive momentum. Current volume (18.1 lakh) is significantly higher than the 1-week average (12.3 lakh), showing strong intraday participation. Fundamentals are moderate with ROCE 12.1% and ROE 9.71%, but quarterly profit growth (+64.3% YoY) and institutional buying support intraday strength. The stock is a good candidate for tactical intraday trades.
💡 Optimal Buy Price: ₹545–₹548 (near current support zone).
🎯 Profit-Taking Levels: ₹555–₹560 (short-term resistance, near 52-week high).
🛡️ Stop-Loss: ₹535 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹545 with weakening momentum or if RSI crosses into extreme overbought (>70). If intraday rally continues, consider booking profits around ₹555–₹560. Avoid holding beyond resistance unless strong breakout signals appear with volume confirmation.
✅ Positive
- Trading well above both 50 DMA (₹490) and 200 DMA (₹420), showing strong technical strength.
- Quarterly profit growth of 64.3% YoY supports earnings momentum.
- EPS of ₹17.5 reflects improving profitability.
- FII (+0.83%) and DII (+0.30%) holdings increased, showing institutional confidence.
- Strong intraday volume compared to average, indicating active participation.
⚠️ Limitation
- RSI at 66.7 indicates near overbought levels, limiting upside potential.
- P/E of 32.3 is slightly higher than industry PE of 30.2, suggesting moderate overvaluation.
- Debt-to-equity ratio of 0.59 indicates moderate leverage risk.
📉 Company Negative News
- Quarterly PAT declined slightly (₹167 Cr vs ₹173 Cr).
- Stock trading near 52-week high may face profit-booking pressure.
📈 Company Positive News
- Quarterly profit variation shows strong YoY growth.
- Institutional investors increasing stake, supporting confidence.
- Strong technical breakout above moving averages.
🏭 Industry
- Industry PE at 30.2 is slightly lower than JKTYRE’s PE, highlighting mild overvaluation.
- Auto and tyre sector benefits from rising demand in OEM and replacement markets.
🔎 Conclusion
JKTYRE shows strong technical momentum and institutional support, making it a good candidate for intraday trading. Traders should buy near support with tight stop-loss and book profits quickly around resistance levels. Caution is advised as RSI indicates near overbought conditions, increasing the risk of profit-booking at higher levels.