MAZDOCK - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.2

⚓ Intraday Trading Analysis for MAZDOCK

MAZDOCK is showing signs of technical weakness today, despite strong fundamentals. The stock may not be ideal for intraday trading unless a reversal pattern emerges. Here's the breakdown

✅ Positive Indicators

ROCE (43.2%) & ROE (34.0%): Exceptional capital efficiency and profitability.

Zero Debt: Strong financial health.

EPS (₹53.8): Solid earnings base.

Volume Surge (49 lakh vs avg 22 lakh): High activity, possibly due to panic selling or speculative interest.

Trading near 200-DMA (₹2,674): Could act as a support zone.

⚠️ Negative Indicators

RSI (23.1): Deeply oversold, but not yet reversing — bearish momentum.

MACD (-117): Strong negative divergence, indicating heavy selling pressure.

Current Price (₹2,720) < 50-DMA (₹3,094): Trading well below short-term average.

Qtr Profit Decline (-35%): Weak earnings performance.

Price far from 52-week high (₹3,778): Sentiment remains weak.

P/E (50.6) = Industry PE: Fairly valued, but not cheap.

PEG Ratio (0.88): Reasonable, but not compelling given recent profit drop.

📈 Intraday Strategy

🔹 If Entering Fresh Today

Optimal Buy Price: ₹2,680–₹2,700 (only if reversal signs emerge near 200-DMA)

Profit-Taking Levels

Target 1: ₹2,750 (minor bounce level)

Target 2: ₹2,790 (if volume sustains and RSI rebounds)

Stop-Loss: ₹2,660 (below 200-DMA and psychological support)

🔹 If Already Holding Today

Exit Signals

RSI fails to rise above 25: No momentum recovery

MACD continues diverging negatively

Price fails to hold above ₹2,700 by mid-session

Volume spikes with falling price (distribution)

🧠 Final Thoughts

MAZDOCK is not a strong intraday candidate today due to oversold technicals and bearish momentum. While fundamentals are solid, the recent price action suggests caution. Only consider entry if reversal signs (e.g., bullish engulfing, RSI bounce) appear near 200-DMA.

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