JSL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.2

📈 Optimal Trade Setup

• Buy Price: ₹735–₹739 (only if price stabilizes with volume pickup).
• Profit Exit Level: ₹750–₹760 (near 50 DMA resistance).
• Stop-Loss: ₹728 (below recent support zone).

📊 If Already Holding

• Exit Signal: RSI at 37.2 is nearing oversold, MACD at -1.37 suggests weak momentum — exit if price fails to hold ₹735.
• Volume: Current volume (6.75L) is below 1-week average (8.42L) — watch for volume spike to confirm strength.
• Exit Point: Consider exiting near ₹750–₹760 unless MACD flattens and RSI rebounds above 40 intraday.

✅ Positive

• Strong fundamentals: ROCE 19.9%, ROE 17.3%, EPS ₹33.7.
• Price above 200 DMA (₹709) — long-term support intact.
• FII holding increased by 0.16% — improving foreign sentiment.
• Low debt-to-equity ratio of 0.27 — financial stability.

⚠️ Limitation

• MACD negative and RSI near oversold — weak momentum.
• Price below 50 DMA (₹766) — short-term resistance.
• Volume below average — limited intraday interest.
• PEG ratio of -9.46 — valuation concerns.

📰 Company Negative News

• Quarterly PAT dropped from ₹798 Cr. to ₹642 Cr. — earnings pressure.

📢 Company Positive News

• Quarterly profit variation of +11% YoY — steady growth.

🏗️ Industry

• Industry PE at 22.1 — JSL trades slightly above at PE 23.0.
• Steel sector showing mixed signals amid global demand fluctuations and pricing volatility.

🧾 Conclusion

• JSL is a moderately favorable intraday candidate today with strong fundamentals but weak technical momentum.
• Entry near ₹739 is viable if volume improves and price holds above support.
• If already holding, monitor ₹750–₹760 for exit unless momentum strengthens intraday.

I can also help you compare JSL’s setup with peers like Jindal Stainless (Hisar) or Tata Steel to identify stronger intraday opportunities.