KNRCON - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 2.5

📈 Optimal Trade Setup

• Buy Price: ₹179–₹181 (only if price shows reversal signs with volume confirmation).
• Profit Exit Level: ₹188–₹192 (short-term resistance zone below 50 DMA).
• Stop-Loss: ₹176 (below recent low and psychological support).

📊 If Already Holding

• Exit Signal: RSI at 28.9 is oversold, MACD at -4.11 confirms bearish momentum — exit if price fails to bounce above ₹180 intraday.
• Volume: Current volume (11.85L) is slightly above 1-week average (10.73L) — mild interest but not breakout strength.
• Exit Point: Consider exiting near ₹188–₹192 unless MACD flattens and RSI rebounds above 35 intraday.

✅ Positive

• Strong fundamentals: ROCE 27.4%, ROE 20.5%, EPS ₹22.9.
• Low P/E of 7.70 and PEG ratio of 0.29 — undervalued relative to growth.
• Zero debt — excellent financial structure.
• FII holding increased by 0.46% — improving foreign sentiment.

⚠️ Limitation

• MACD negative and RSI oversold — weak momentum.
• Price below both 50 DMA (₹194) and 200 DMA (₹225) — bearish technical setup.
• DII holding declined by 3.59% — cautious domestic sentiment.
• Quarterly PAT dropped from ₹75.2 Cr. to ₹51.3 Cr. — 61.7% decline.

📰 Company Negative News

• Sharp drop in quarterly profits and DII selling pressure signal short-term weakness.

📢 Company Positive News

• Despite earnings dip, valuation and return ratios remain attractive for long-term positioning.

🏗️ Industry

• Industry PE at 22.2 — KNRCON trades at a discount (PE 7.70), offering relative value.
• Infrastructure sector outlook stable with government capex push, but margin pressure persists.

🧾 Conclusion

• KNRCON is a cautious intraday candidate today with strong fundamentals but weak technical momentum and earnings pressure.
• Entry near ₹180 is viable only if reversal signs emerge; exit near ₹192 for short-term gains.
• If already holding, monitor RSI and MACD for continuation or reversal signals intraday.

I can also compare KNRCON’s setup with peers like PNC Infratech or HG Infra to help you spot stronger intraday opportunities.