NIACL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.6

New India Assurance (NIACL) shows a mildly bullish setup for intraday trading today, supported by volume expansion and stable technical indicators. Here's a breakdown of the trade setup

📊 Intraday Trade Analysis

✅ Bullish Indicators

Volume Spike: Current volume (11.92 lakh) is more than double the 1-week average (5.88 lakh), indicating strong intraday interest.

MACD Positive: At 0.89, suggesting upward momentum.

RSI Neutral-Bullish: At 55.4, showing strength without being overbought.

Price Above DMA50 & DMA200: Trading at ₹196, above both 50-DMA (₹190) and 200-DMA (₹188), confirming short-term bullish bias.

Quarterly PAT Growth: Up from ₹347 Cr to ₹391 Cr, showing improving profitability.

⚠️ Cautionary Signals

Low ROE/ROCE: ROE at 3.54% and ROCE at 3.72% indicate weak capital efficiency.

Valuation Concerns: P/E of 27.8 is below industry average (39.9), but PEG ratio of 0.35 suggests undervaluation only if growth sustains.

Institutional Sentiment Flat: Minimal change in FII/DII holdings.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹193–₹196 (preferably on dips with volume confirmation)

💰 Profit-Taking Levels

Target 1: ₹200 (psychological resistance)

Target 2: ₹204–₹206 (recent swing highs)

🛡️ Stop-Loss

Exit Below: ₹190 (break below 50-DMA invalidates bullish setup)

🕒 If Already Holding Today

📌 Exit Triggers

Volume Fades: If volume drops below 8 lakh by mid-session.

MACD Weakens: Watch for histogram contraction or bearish crossover.

Price Rejection at ₹200: If price fails to break this level, consider partial exit.

RSI Drops Below 52: Indicates weakening momentum.

NIACL is a low-volatility candidate with a steady setup — ideal for disciplined intraday scalping. Want to explore similar insurance sector plays or compare with PSU peers like GIC or LIC?

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