NSLNISP - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | NSLNISP | Market Cap | 12,520 Cr. | Current Price | 42.7 ₹ | High / Low | 49.6 ₹ |
| Book Value | 44.4 ₹ | Dividend Yield | 0.00 % | ROCE | -13.0 % | ROE | -16.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 40.0 ₹ | DMA 200 | 40.9 ₹ | Chg in FII Hold | 0.04 % |
| Chg in DII Hold | 0.18 % | PAT Qtr | -244 Cr. | PAT Prev Qtr | -115 Cr. | RSI | 63.4 |
| MACD | 1.10 | Volume | 1,24,75,855 | Avg Vol 1Wk | 74,16,750 | Low price | 32.9 ₹ |
| High price | 49.6 ₹ | Debt to equity | 0.41 | 52w Index | 58.6 % | Qtr Profit Var | 67.8 % |
| EPS | -2.75 ₹ | Industry PE | 22.9 |
📊 Analysis: NSLNISP shows weak intraday potential. Current price (₹42.7) is slightly above DMA 50 (₹40.0) and DMA 200 (₹40.9), indicating short-term support but limited upside. RSI at 63.4 reflects bullish momentum nearing overbought territory, while MACD (1.10) suggests mild positive bias. Volume (1.24 Cr) is significantly higher than the 1-week average (0.74 Cr), showing strong participation. However, fundamentals remain weak with negative ROE (-16.6%), ROCE (-13.0%), and continued losses (PAT -₹244 Cr vs -₹115 Cr). EPS is negative (-₹2.75), limiting valuation comfort.
💹 Optimal Buy Price: ₹42.0–42.5 if sustained above VWAP with strong volume.
🎯 Profit Exit Levels: ₹44.0 (near resistance) and ₹45.5 (short-term breakout zone).
🛑 Stop-Loss: ₹41.0 (below intraday support).
⏱️ If Already Holding: Consider booking profits near ₹44.0–45.5 if RSI crosses 68 or momentum slows. Exit immediately if price breaks below ₹41.0 with rising sell volume.
Positive
- Trading above DMA 50 and DMA 200 supports short-term bullish bias.
- Strong intraday volume indicates active participation.
- Institutional support with FII (+0.04%) and DII (+0.18%) stake increases.
Limitation
- Negative ROE (-16.6%) and ROCE (-13.0%) highlight poor efficiency.
- EPS remains negative (-₹2.75).
- Quarterly losses widened (PAT -₹244 Cr vs -₹115 Cr).
- No dividend yield, limiting investor appeal.
Company Negative News
- Consistent losses and weak profitability metrics.
Company Positive News
- Institutional holdings (FII/DII) increased slightly, showing cautious confidence.
Industry
- Industry P/E at 22.9 highlights NSLNISP’s weak fundamentals compared to peers.
- Steel sector remains cyclical, influenced by demand recovery and global commodity trends.
Conclusion
⚖️ NSLNISP offers weak intraday trading potential despite strong volume and short-term technical support. Suitable only for cautious trades above ₹42.0 with profit targets near ₹44.0–45.5 and strict stop-loss at ₹41.0. Fundamentals remain negative, requiring tight risk management.