JYOTHYLAB - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for JYOTHYLAB (₹332)

⭐ Trade Rating

Rating: 3.4

JYOTHYLAB presents a moderate setup for intraday trading today. While fundamentals are strong, technical indicators suggest caution due to weak momentum and declining institutional interest.

🔍 Technical Overview

RSI (37.3): Near oversold, but not yet signaling reversal.

MACD (-1.98): Bearish crossover, momentum remains weak.

Volume: Slightly below 1-week average, indicating subdued interest.

Price vs DMA: Trading below both 50-DMA (₹344) and 200-DMA (₹377), confirming short-term weakness.

🛒 Optimal Buy Price (If Entering Today)

Buy Zone: ₹328–₹331 (only if price stabilizes with volume pickup)

Stop-Loss: ₹322 (below recent support)

Profit Target: ₹340–₹344 (near resistance and VWAP zone)

🚪 Exit Strategy (If Already Holding Intraday)

Exit on Weakness: If price dips below ₹328 with low volume, consider exiting.

Exit on Strength: If price crosses ₹338 with rising volume and RSI > 42, trail stop-loss to ₹332 and aim for ₹344.

Time-Based Exit: If no breakout by 2:45 PM IST, exit to avoid late-session volatility.

⚠️ Key Observations

Strong ROCE/ROE: Indicates efficient capital use.

PEG Ratio (0.98): Fairly valued for growth.

Decline in FII/DII Holdings: Signals reduced institutional confidence.

Trading Near 52-Week Low: Could attract bargain hunters, but trend remains weak.

Would you like me to scan for stronger intraday setups with better momentum and volume profiles? I can shortlist a few high-probability trades for today.

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