KNRCON - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.5

📊 KNRCON Intraday Trading Analysis

🔍 Technical & Momentum Overview

RSI (59.9): Approaching bullish territory — suggests strength but not yet overbought.

MACD (-1.40): Slightly bearish — indicates fading momentum, but not a strong downtrend.

Volume (91.9L vs Avg 170.4L): Below average — reduced liquidity may limit sharp intraday moves.

Price vs DMA: Trading slightly above 50 DMA (₹205) but well below 200 DMA (₹237), indicating short-term support but medium-term weakness.

💡 Trade Setup

Optimal Buy Price: ₹206–₹208 (near VWAP and 50 DMA support zone)

Profit Targets

Target 1: ₹212 (minor resistance)

Target 2: ₹216–₹218 (recent swing zone)

Stop Loss: ₹203.5 (below VWAP and intraday support)

🕒 Exit Strategy for Current Holders

Exit on Weakness

RSI drops below 57 and MACD histogram expands negatively.

Price breaks below ₹203.5 with volume surge — signals bearish continuation.

Exit on Strength

Price sustains above ₹212 with volume >1 Cr and RSI >62.

Look for bullish continuation patterns like breakout candles or consolidation flags on 5-min chart.

⚠️ Verdict

KNRCON is a moderate intraday candidate today. While fundamentals are solid and price is near support, weak momentum and low volume suggest caution. Suitable for scalping or short-range breakout trades with tight stop-loss discipline.

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