NIACL - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating: 2.9

New India Assurance Co. Ltd. (NIACL) shows mild potential for intraday trading, but the setup is not ideal for aggressive trades. Here's the full breakdown

📉 Technical & Momentum Indicators

Indicator Value Signal

RSI 31.9 Near oversold — weak momentum

MACD -2.07 Bearish crossover

Volume 6.15 lakh vs avg 2.96 lakh Surge in volume — positive

Price vs DMA Below 50 DMA (₹183) & 200 DMA (₹186) Bearish trend

PEG Ratio 0.38 Reasonable growth valuation

ADX ~21.5

1

Weak trend strength

CCI ~10.5

1

Neutral zone

Stochastic RSI ~12.4

1

Oversold — possible bounce

📈 Intraday Trade Setup

✅ If Considering Entry

Optimal Buy Zone: ₹172–₹174 (current price near support)

Profit Targets

Conservative: ₹178

Aggressive: ₹182 (near 50 DMA)

Stop Loss: ₹169 (below recent support zone)

🕒 If Already Holding

Watch for price action near ₹178–₹182 — consider exiting if momentum fades.

If price drops below ₹170 intraday with rising volume, exit immediately.

RSI and Stochastic RSI suggest possible bounce, but MACD remains bearish — exit on strength, not weakness.

🧠 Final Verdict

NIACL is not a strong intraday candidate today, but may offer a short-term bounce due to

Oversold indicators

Volume spike

Reasonable valuation

However, weak ROE/ROCE and bearish MACD limit upside potential. Best suited for quick scalping, not trend-following trades.

Would you like me to scan for high-momentum stocks with better intraday setups?

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