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JYOTICNC - IntraDay Trade Analysis with Live Signals

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Rating: 2.9

Last Updated Time : 28 May 26, 06:09 pm

IntraDay Trade Rating: 2.9

Stock Code JYOTICNC Market Cap 14,935 Cr. Current Price 657 ₹ High / Low 1,331 ₹
Stock P/E 39.5 Book Value 97.3 ₹ Dividend Yield 0.00 % ROCE 21.5 %
ROE 16.6 % Face Value 2.00 ₹ DMA 50 740 ₹ DMA 200 858 ₹
Chg in FII Hold -0.75 % Chg in DII Hold 0.29 % PAT Qtr 105 Cr. PAT Prev Qtr 78.9 Cr.
RSI 28.6 MACD -26.0 Volume 12,65,228 Avg Vol 1Wk 10,96,422
Low price 648 ₹ High price 1,331 ₹ PEG Ratio 0.25 Debt to equity 0.18
52w Index 1.30 % Qtr Profit Var 36.0 % EPS 16.6 ₹ Industry PE 31.8

Analysis:

JYOTICNC shows weak intraday potential today. RSI at 28.6 indicates oversold conditions, but MACD (-26.0) reflects strong bearish momentum. Current price (₹657) is below both 50 DMA (₹740) and 200 DMA (₹858), confirming a bearish trend. Volume (12.6L) is slightly above weekly average (10.9L), but not enough to offset weak momentum.

Optimal Buy Zone:

₹648 – ₹660 (near 52-week low and current support zone)

Exit Levels:

- Profit-taking: ₹675 – ₹690 (short-term bounce levels)

- Stop-loss: ₹642 (below recent support and 52-week low zone)

If Already Holding:

Exit intraday if price fails to sustain above ₹650 with declining volume or if RSI drops below 27. Consider booking profits near ₹675–₹685 if momentum improves but volume remains weak.

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Positive

- Strong ROCE (21.5%) and ROE (16.6%) support long-term fundamentals

- PEG ratio at 0.25 indicates attractive growth valuation

- Sequential PAT growth (₹105 Cr vs ₹78.9 Cr) shows earnings momentum

Limitation

- RSI and MACD indicate weak intraday momentum

- Price below both 50 DMA and 200 DMA, strong resistance overhead

- FII holdings decreased (-0.75%), showing reduced foreign investor confidence

Company Negative News

- Weak intraday sentiment reflected in price near 52-week low (₹648)

- Broader market volatility weighing on CNC/engineering sector

Company Positive News

- Quarterly profit growth of 36% supports earnings trajectory

- DII holdings increased (+0.29%), showing domestic institutional support

Industry

- Industry P/E at 31.8, lower than JYOTICNC’s 39.5, suggesting premium valuation

- Sector momentum stable but broader market volatility may weigh on intraday moves

Conclusion

JYOTICNC is a weak intraday candidate today due to bearish momentum indicators and price action near 52-week lows. Entry is only advisable near ₹648–₹660 with tight risk management. Profit exits around ₹675–₹690, with stop-loss at ₹642. Traders should monitor RSI and volume closely for intraday exit signals.

This structured HTML report highlights JYOTICNC’s weak intraday setup. Would you like me to extend this into a sector overlay comparing JYOTICNC against peers like Lakshmi Machine Works, Bharat Forge, and Mazagon Dock for better benchmarking?

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