JSL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | JSL | Market Cap | 60,244 Cr. | Current Price | 731 ₹ | High / Low | 884 ₹ |
| Stock P/E | 21.8 | Book Value | 210 ₹ | Dividend Yield | 0.41 % | ROCE | 19.9 % |
| ROE | 17.3 % | Face Value | 2.00 ₹ | DMA 50 | 767 ₹ | DMA 200 | 749 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.15 % | PAT Qtr | 685 Cr. | PAT Prev Qtr | 644 Cr. |
| RSI | 45.2 | MACD | -16.0 | Volume | 6,03,821 | Avg Vol 1Wk | 9,37,804 |
| Low price | 497 ₹ | High price | 884 ₹ | PEG Ratio | -8.95 | Debt to equity | 0.26 |
| 52w Index | 60.5 % | Qtr Profit Var | 10.7 % | EPS | 34.9 ₹ | Industry PE | 20.1 |
📊 Analysis: JSL shows mixed intraday momentum with RSI at 45.2 (neutral to weak) and MACD at -16.0 (bearish). Price is trading below 50 DMA (767 ₹) but slightly above 200 DMA (749 ₹), indicating short-term weakness with medium-term support. Volume is below average, reducing conviction. Fundamentals are strong (ROE 17.3%, ROCE 19.9%), with fair valuation (P/E 21.8 vs industry 20.1) and EPS at 34.9 ₹. PAT improved (685 Cr vs 644 Cr), but PEG ratio (-8.95) raises valuation concerns.
💰 Optimal Buy Price: 725–735 ₹ (near support, above 749 ₹ DMA).
🎯 Profit Exit Levels: 755 ₹ (first resistance), 770 ₹ (second resistance).
🛡️ Stop-Loss: 715 ₹ (below intraday support).
📈 If Already Holding: Exit near 755–770 ₹ if momentum indicators show reversal with strong volume. If price fails to sustain above 725 ₹, consider exiting to protect capital.
✅ Positive
- Strong ROCE (19.9%) and ROE (17.3%)
- EPS at 34.9 ₹ supports earnings visibility
- PAT improved (685 Cr vs 644 Cr)
- Trading above 200 DMA (749 ₹)
- FII holding increased (+0.11%)
- DII holding increased (+0.15%)
⚠️ Limitation
- RSI at 45.2 shows weak momentum
- MACD negative, bearish trend
- Trading below 50 DMA (767 ₹)
- Volume below average, reducing intraday conviction
- PEG ratio negative (-8.95), valuation concerns
📉 Company Negative News
- Quarterly profit variation at +10.7% is modest
- Valuation concerns due to PEG ratio
📈 Company Positive News
- PAT improved (685 Cr vs 644 Cr)
- Institutional interest rising (FII & DII holdings up)
- Strong 52-week index growth at 60.5%
🏭 Industry
- Industry PE at 20.1 vs JSL PE at 21.8 (slightly overvalued)
- Steel sector showing strong demand recovery
🔎 Conclusion
JSL is fundamentally strong with improving profits and decent valuation relative to peers, but intraday momentum is weak with bearish indicators. Suitable only for cautious trades near support with strict stop-loss. Best for short scalps today rather than aggressive intraday positions.
Would you like me to extend this into a peer benchmarking overlay (Tata Steel, JSW Steel, SAIL) so you can compare JSL’s intraday setup against sector leaders for confirmation signals?