MRF - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | MRF | Market Cap | 57,688 Cr. | Current Price | 1,36,000 ₹ | High / Low | 1,63,600 ₹ |
| Stock P/E | 32.0 | Book Value | 45,019 ₹ | Dividend Yield | 0.17 % | ROCE | 13.8 % |
| ROE | 10.5 % | Face Value | 10.0 ₹ | DMA 50 | 1,45,691 ₹ | DMA 200 | 1,44,464 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.12 % | PAT Qtr | 512 Cr. | PAT Prev Qtr | 484 Cr. |
| RSI | 38.0 | MACD | -4,570 | Volume | 6,237 | Avg Vol 1Wk | 8,522 |
| Low price | 1,00,500 ₹ | High price | 1,63,600 ₹ | PEG Ratio | 0.63 | Debt to equity | 0.11 |
| 52w Index | 56.3 % | Qtr Profit Var | 12.3 % | EPS | 4,245 ₹ | Industry PE | 29.7 |
📊 Analysis: MRF is trading at 1,36,000 ₹, well below both its 50 DMA (1,45,691 ₹) and 200 DMA (1,44,464 ₹), indicating short-term and medium-term weakness. RSI at 38.0 suggests oversold conditions, while MACD (-4,570) reflects strong bearish momentum. Intraday volume (6,237) is lower than the weekly average (8,522), showing weak participation. Fundamentals remain strong with EPS at 4,245 ₹ and steady profit growth, but technicals suggest caution for intraday trading.
💰 Optimal Buy Price (Intraday): 1,35,500–1,36,000 ₹ (near support zone).
📈 Profit-Taking Levels: 1,37,200 ₹ (first resistance), 1,38,500 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 1,34,800 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 1,37,200 ₹ with volume confirmation or if RSI dips below 36 intraday. Hold for extended gains only if momentum sustains above 1,38,500 ₹ with strong volume recovery.
Positive
- 📈 EPS at 4,245 ₹ reflects strong earnings base.
- 📊 Quarterly PAT growth (512 Cr. vs 484 Cr., +12.3%).
- 📉 Low debt-to-equity (0.11), strong balance sheet.
- 📈 DII holdings increased (+0.12%).
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA.
- 📉 RSI near oversold but MACD shows strong bearishness.
- 📊 Intraday volume weaker than weekly average.
Company Negative News
- 📉 FII holdings decreased (-0.09%).
- ⚠️ Stock trading far below recent highs (1,63,600 ₹).
Company Positive News
- 📈 PAT growth of 12.3% quarter-on-quarter.
- 📊 EPS strength supports valuation despite sector premium.
Industry
- 🚗 Tyre sector PE at 29.7, MRF trades at a slight premium (32.0).
- 📈 Sector supported by auto demand recovery and infrastructure growth.
Conclusion
⚖️ MRF is a weak-to-moderate intraday candidate. Buy near 1,35,500–1,36,000 ₹ with stop-loss at 1,34,800 ₹. Profit booking can be considered at 1,37,200–1,38,500 ₹. Momentum indicators suggest caution, as MACD remains strongly bearish despite solid fundamentals. Traders should rely on volume confirmation before holding beyond 1,38,500 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing MRF with Apollo Tyres, JK Tyre, and CEAT to highlight relative intraday strength in the tyre sector?