MINDACORP - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.0

🔍 Intraday Trade Analysis for MINDACORP

Minda Corporation shows a favorable setup for intraday trading today, supported by bullish momentum indicators and strong volume. While valuation is stretched and recent profit variation is negative, the technicals suggest potential for short-term gains.

📈 Technical & Momentum Overview

RSI (63.5): Bullish, approaching overbought zone — momentum is strong but nearing resistance.

MACD (5.82): Positive crossover — confirms upward trend.

Price Action: Trading above both 50 DMA (₹509) and 200 DMA (₹510), indicating short-term strength.

Volume: Current volume (5.10L) is significantly higher than 1-week average (3.11L), showing strong intraday interest.

📊 Fundamental Snapshot

Valuation: P/E of 64.8 and PEG of 7.78 — expensive relative to industry PE of 29.1.

Profitability: ROCE (11.8%) and ROE (11.2%) are modest; EPS is ₹8.20.

Quarterly Profit: Up from ₹33.8 Cr. to ₹41.8 Cr., but overall quarterly variation is negative (-18.9%).

Institutional Flow: FII holdings increased (+0.50%), DII reduced (-0.31%) — mixed sentiment.

🎯 Optimal Buy Price for Today

Buy Zone: ₹525–₹530

Entry near minor support with tight stop-loss. Avoid chasing above ₹535 unless volume continues to surge and RSI remains stable.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 540 Minor resistance zone

Target 2 548 Momentum extension target

Stop-Loss 518 Below intraday support

🕒 If You Already Hold MINDACORP Today

Exit on Weakness

Price drops below ₹518 with rising volume.

RSI dips below 60 or MACD flattens.

Exit on Strength

Price nears ₹540–₹548 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors breakout scalping with tight stops and quick execution. Want to compare this with other auto component stocks showing similar momentum?

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