NLCINDIA - IntraDay Trade Analysis

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

IntraDay Trade Rating: 4.1

📊 Intraday Trading Analysis for NLCINDIA

NLCINDIA shows a technically improving and fundamentally strong setup for intraday trading today. While volume is currently below average, momentum indicators and valuation metrics support a bullish bias.

✅ Bullish Signals

P/E (12.7) vs Industry PE (41.2): Deeply undervalued.

PEG Ratio (0.25): Strong growth at a low valuation.

EPS (₹18.9) & Qtr Profit Var (311%): Massive earnings surge.

MACD (2.53): Bullish crossover — momentum building.

RSI (55.9): Entering bullish zone.

Price > 50-DMA (₹233) & 200-DMA (₹235): Trend confirmation.

Debt-to-Equity (1.20): Acceptable for a capital-intensive business.

⚠️ Watchouts

Volume (8.87 lakh) < Avg Vol (22.3 lakh): Needs pickup for strong intraday move.

ROCE (10.8%) & ROE (14.9%): Moderate efficiency.

DII Holding ↓ (-0.38%): Mild domestic outflow.

52w Index (46.4%): Still far from yearly high (₹302).

🔹 Optimal Intraday Strategy

📌 If Entering Fresh Today

Buy Zone: ₹236–₹238 (near support and breakout setup)

Profit Targets

Target 1: ₹244 (minor resistance)

Target 2: ₹250 (if volume improves midday)

Stop-Loss: ₹232 (below 50-DMA and psychological support)

📌 If Already Holding Today

Exit Triggers

RSI drops below 53: Momentum fading

MACD flattens or turns down

Price fails to hold above ₹238–₹239 by mid-session

Volume remains below 10 lakh with sideways price action

🧠 Final Thoughts

NLCINDIA is a strong intraday candidate today, especially if volume picks up. The technical breakout above key moving averages and bullish momentum indicators support a move toward ₹250. Ideal for momentum-based scalping or breakout trades.

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