NETWORK18 - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 2.6

💹 Optimal Buy Price: ₹47.5–₹48.0 (near intraday support and below current price)

🎯 Profit Target: ₹50.5–₹51.2 (resistance zone near 50 DMA)

🛡️ Stop Loss: ₹46.0 (below recent support and psychological level)

📊 Exit Strategy if Already Holding: Consider exiting near ₹50.8 if RSI approaches 42 and MACD flattens. Watch for price rejection near 51 and volume spikes.

✅ Positive

• 📊 Volume today (85.9L) is significantly higher than 1-week average (37.1L), indicating speculative interest
• 📉 Debt-to-equity ratio of 0.63 is moderate and manageable
• 📈 EPS of ₹24.7 suggests underlying earning potential despite current losses

⚠️ Limitation

• 📉 RSI at 37.7 and MACD at -1.32 indicate weak momentum
• 📉 Stock trading below both 50 DMA and 200 DMA, showing technical weakness
• 📉 ROCE (-1.20%) and ROE (-9.29%) reflect poor capital efficiency
• 📉 FII and DII holdings both declined, signaling reduced institutional confidence
• 📉 No dividend yield and no valid P/E due to negative earnings

🚫 Company Negative News

• 📉 Continued quarterly losses: ₹-70.1 Cr vs ₹-70.8 Cr

📢 Company Positive News

• 📈 Slight improvement in quarterly profit variation (5.82%) despite remaining in loss territory
• 📊 Price action near 52-week low (19.1% index) may attract bottom-fishing interest

🏭 Industry

• 📺 NETWORK18 operates in the media and broadcasting sector, which is cyclical and sensitive to advertising trends
• 📈 Industry P/E of 43.9 supports long-term valuation potential for profitable peers

🧾 Conclusion

📌 NETWORK18 presents a speculative intraday setup with high volume and potential bounce from oversold levels, but weak fundamentals and technical indicators limit conviction. Traders may consider entering near ₹47.8 with a target of ₹50.8 and stop loss at ₹46. If already holding, monitor RSI and MACD for exit signals near resistance.

I can also help you compare NETWORK18’s setup with other media stocks like TV18 or Zee Entertainment to identify stronger intraday candidates.