NETWORK18 - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.6

📉 Intraday Trading Analysis for NETWORK18

NETWORK18 shows limited potential for intraday trading today, with weak fundamentals, low profitability, and only mild technical momentum. While speculative interest may exist due to recent price recovery, the setup lacks conviction.

❌ Bearish Indicators

Fundamental Weakness

ROCE (0.61%) & ROE (-3.34%): Poor capital efficiency.

EPS ₹-9.46: Negative earnings.

No P/E or PEG Ratio: Indicates lack of profitability and growth clarity.

Debt-to-Equity (0.62): Moderate leverage.

Institutional Sentiment

FII Holding ↓ (-0.13%): Mild foreign selling.

DII Holding ↑ (+0.03%): Negligible domestic support.

Price Action

Price < 200-DMA (₹59.3): Bearish long-term trend.

52w Index (25.4%): Far from highs — no breakout setup.

✅ Speculative Positives

MACD (0.75): Positive crossover — short-term momentum.

RSI (47.7): Neutral zone — potential for upward move.

Volume (46.4 Lakh): Near average — active interest.

Qtr Profit Improvement: ₹-1.78 Cr vs ₹-19.0 Cr — narrowing losses.

🔹 Intraday Strategy

📌 If Entering Fresh Today

Optimal Buy Price: ₹55.5–₹56.0 (on dip near 50-DMA)

Profit-Taking Levels

Target 1: ₹58.0 (minor resistance)

Target 2: ₹59.5 (if volume spikes midday)

Stop-Loss: ₹54.5 (below recent support)

📌 If Already Holding Today

Exit Signals

RSI drops below 45: Momentum fading

MACD flattens or turns negative

Price fails to hold above ₹56.5–₹57.0 by mid-session

Volume fades below 40 Lakh with sideways price action

🧠 Final Thoughts

NETWORK18 is not a strong intraday candidate unless you're targeting a speculative bounce. The fundamentals are weak, and technicals offer only mild support. Use tight risk controls if trading.

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