MAHSEAMLES - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 IntraDay Trade Rating: 3.9
Maharashtra Seamless Ltd (MAHSEAMLES) presents a moderate opportunity for intraday trading today. While fundamentals are solid and there's potential for a technical rebound, momentum indicators and volume trends suggest caution.
⚙️ Technical & Momentum Analysis
Trend Positioning
Current price: ₹671.35 (↓4.2% from previous close)
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Trading below both 50-DMA (₹706) and 200-DMA (₹688) — short-term bearish bias
Volume
Today's volume: ~2.1 lakh, slightly below average (~2.4 lakh)
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Indicates low conviction from traders
Momentum Indicators
RSI: 43.8 — neutral, not oversold
MACD: -5.46 — bearish crossover
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ADX: 19.9 — weak trend strength
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SuperTrend: Bearish below ₹689.19
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VWAP: ₹692.45 — price is below VWAP, confirming bearish sentiment
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💰 Optimal Buy Price (Intraday)
Buy Zone: ₹678.93–₹681.00 (if price shows reversal near support)
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Confirmation: Enter long only if price closes above ₹687.97 on a 5-min candle with rising volume
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Avoid Buying: If price fails to hold above ₹687.97 or shows weak candles near resistance
🎯 Exit Levels
Type Price Range Strategy
Profit Target 1 ₹687.97–₹692.45 Conservative exit near VWAP resistance
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Profit Target 2 ₹701.63–₹710.67 Aggressive exit if breakout sustains
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Stop Loss ₹668.00 Below intraday low and support zone
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📈 If You Already Hold MAHSEAMLES Today
Exit Signal
If price fails to reclaim ₹687.97 with volume fading
If MACD remains negative and RSI dips below 40
VWAP Breach: Exit if price fails to sustain above ₹692.45 VWAP
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Reversal Zone: Watch for weakness near ₹701.63 — this is a key resistance level
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🧠 Final Thoughts
MAHSEAMLES is not ideal for aggressive intraday trades today due to weak momentum and low volume. However, range-bound scalping between ₹678–₹692 may be viable with tight risk controls. Avoid chasing breakouts unless volume and price action confirm strength.
Would you like a watchlist of similar midcap metal stocks like JSW Steel or Jindal Steel for intraday setups?
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intradayscreener.com
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dailybulls.in
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