JMFINANCIL - IntraDay Trade Analysis

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

📊 Intraday Trade Rating for JMFINANCIL: 3.8

JM Financial Ltd. shows moderate potential for intraday trading today, with a mix of bullish and cautionary signals. Here's a breakdown of its setup

⚖️ Key Technical Observations

Momentum Indicators

RSI at 50.4 is neutral—neither overbought nor oversold.

MACD at 4.90 is positive, suggesting mild bullish momentum.

Price Action

Trading above both 50-DMA (₹152) and 200-DMA (₹126), indicating a longer-term uptrend.

However, current price (₹163) is below recent high (₹181), showing some resistance.

Volume

Current volume (59.4L) is below 1-week average (95.5L), indicating reduced intraday participation.

Fundamentals

Strong quarterly profit growth (782%) and stable PAT figures.

High debt-to-equity (1.18) and low ROE/ROCE suggest caution.

💰 Optimal Buy Price (Today’s Session)

Buy Zone: ₹161–₹164

Look for a dip near ₹161 with support confirmation.

Breakout entry possible above ₹165.5 with volume surge.

🎯 Exit Levels

Entry Type Target Price Stop Loss

Support Bounce ₹165.5 ₹159.8

Breakout Entry ₹168.2 ₹163.5

📈 Already Holding? When to Exit

Watch RSI: If RSI rises above 60 and price nears ₹168.2, consider booking profits.

MACD Flattening: If MACD starts to flatten or diverge negatively, momentum may fade.

Volume Spike + Price Rejection: If price approaches ₹165.5–₹168.2 but stalls with high volume, exit to avoid reversal.

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