NSLNISP - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | NSLNISP | Market Cap | 10,896 Cr. | Current Price | 37.2 ₹ | High / Low | 49.6 ₹ |
| Book Value | 44.4 ₹ | Dividend Yield | 0.00 % | ROCE | -13.0 % | ROE | -16.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 39.8 ₹ | DMA 200 | 41.3 ₹ | Chg in FII Hold | -0.32 % |
| Chg in DII Hold | 0.33 % | PAT Qtr | -244 Cr. | PAT Prev Qtr | -115 Cr. | RSI | 40.0 |
| MACD | -1.06 | Volume | 32,12,828 | Avg Vol 1Wk | 36,54,200 | Low price | 28.4 ₹ |
| High price | 49.6 ₹ | Debt to equity | 0.41 | 52w Index | 41.5 % | Qtr Profit Var | 67.8 % |
| EPS | -2.75 ₹ | Industry PE | 20.1 |
📊 Analysis: NSLNISP is trading at ₹37.2, below both its 50 DMA (₹39.8) and 200 DMA (₹41.3), reflecting bearish sentiment. RSI at 40.0 indicates weak momentum, while MACD (-1.06) confirms negative bias. Intraday volume (32.1 lakh) is slightly below the 1-week average (36.5 lakh), showing moderate participation. Fundamentals are weak with negative ROE (-16.6%) and ROCE (-13.0%), alongside losses in recent quarters. Valuation is unattractive with negative EPS (-₹2.75) and no dividend yield.
💰 Optimal Buy Price: Intraday entry is risky; if attempted, accumulation near ₹36.5–37.0 may be considered only for speculative scalps.
🎯 Exit Levels:
- Profit-taking: ₹38.5 – ₹39.0 (near-term resistance)
- Stop-loss: ₹36.0 (below intraday support)
⏱️ If Already Holding: Exit should be considered if price fails to hold above ₹37.0 or if intraday momentum weakens further. Watch for volume spikes near ₹38.5–39.0 to book profits intraday.
Positive
- Book value of ₹44.4 is higher than current price, offering some valuation cushion.
- DII holding increased (+0.33%), showing limited domestic institutional support.
Limitation
- Negative ROE (-16.6%) and ROCE (-13.0%) indicate poor efficiency.
- Trading below both 50 DMA and 200 DMA reflects bearish sentiment.
- No dividend yield reduces investor appeal.
Company Negative News
- Quarterly PAT worsened from -₹115 Cr. to -₹244 Cr.
- EPS at -₹2.75 indicates continued losses.
- FII holding decreased (-0.32%), showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation (+67.8%) shows some improvement in relative terms despite losses.
- 52-week index return of 41.5% reflects investor interest in recovery potential.
Industry
- Industry PE at 20.1 highlights that profitable peers are more attractive.
- Steel and metals sector is cyclical, sensitive to global demand and commodity prices.
Conclusion
⚠️ NSLNISP shows weak fundamentals and bearish technicals, making it a risky intraday candidate. Traders may attempt speculative scalps near ₹36.5–37.0 with profit targets around ₹38.5–39.0, but strict stop-loss at ₹36.0 is essential. Conservative traders should avoid fresh entries until the stock shows sustained recovery above ₹40 with improved momentum.
Would you like me to extend this into a peer benchmarking overlay comparing NSLNISP with SAIL, JSW Steel, and Tata Steel to highlight relative intraday strength and sector rotation opportunities within the steel sector?