KAYNES - IntraDay Trade Analysis

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

📉 Intraday Trade Analysis for KAYNES (₹5,542)

⭐ Trade Rating

Rating: 2.6

Despite strong fundamentals and impressive quarterly profit growth, KAYNES is currently showing weak technical momentum for intraday trading. Indicators suggest caution, with bearish signals outweighing bullish setups.

🔍 Technical Snapshot

RSI (35.2): In oversold territory, but not yet showing reversal strength.

MACD (-78.2): Deeply negative, confirming bearish momentum.

Volume: Slightly above 1-week average, but not enough to confirm a breakout.

Price vs DMA: Trading below 50-DMA (₹5,807) and hovering near 200-DMA (₹5,381), indicating short-term weakness.

🛒 Optimal Buy Price (If Entering Today)

Buy Zone: ₹5,520–₹5,540 (only if price stabilizes with rising volume)

Stop-Loss: ₹5,480 (below recent support)

Profit Target: ₹5,590–₹5,620 (near resistance and VWAP)

🚪 Exit Strategy (If Already Holding Intraday)

Exit on Weakness: If price dips below ₹5,500 with declining volume, consider exiting.

Exit on Strength: If price crosses ₹5,590 with RSI > 40 and volume spike, trail stop-loss to ₹5,560 and aim for ₹5,620.

Time-Based Exit: If no breakout by 2:30 PM IST, exit to avoid late-session volatility.

⚠️ Key Observations

✅ Strong Qtr Profit Growth (+43%): Operational momentum.

✅ Low Debt (0.32): Financial stability.

✅ DII Holding Surge (+5.41%): Domestic institutional confidence.

❌ High P/E (127) vs Industry (37.2): Overvaluation risk.

❌ Bearish RSI & MACD: Weak short-term momentum.

❌ FII Holding Decline (-0.46%): Mild foreign investor caution.

Would you like me to scan for stronger intraday setups with bullish momentum and breakout potential? I can shortlist a few top candidates for today’s session.

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