NSLNISP - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.9

🏭 Intraday Trade Analysis for NSLNISP

NSL Nagapatnam Integrated Steel Plant (NSLNISP) shows a moderately bullish setup for intraday trading today. While technical indicators suggest upward momentum and the stock is trading above key moving averages, weak fundamentals and declining volume warrant caution.

📊 Technical & Momentum Overview

RSI (65.7): Bullish, nearing overbought territory — momentum is strong but approaching saturation.

MACD (1.91): Positive crossover — confirms short-term upward trend.

Price Action: Trading above both 50 DMA (₹40.8) and 200 DMA (₹41.1), indicating short-term strength.

Volume: Current volume (33.9L) is significantly below 1-week average (58.3L), suggesting fading intraday interest.

📈 Fundamental Snapshot

Valuation: No valid P/E or PEG due to negative EPS (₹-6.15); industry PE is 23.1.

Profitability: ROCE (-13.0%) and ROE (-16.6%) are negative — poor capital efficiency.

Quarterly Profit: Rebounded from ₹-473 Cr. to ₹25.6 Cr. — strong turnaround.

Institutional Flow: FII slightly increased holdings (+0.07%), DII reduced (-0.13%) — mixed sentiment.

Debt: Moderate (0.45) — manageable for a capital-intensive sector.

🎯 Optimal Buy Price for Today

Buy Zone: ₹44.5–₹45.0

Entry near support with tight stop-loss. Avoid chasing above ₹45.5 unless volume improves and RSI remains stable.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 46.5 Minor resistance zone

Target 2 47.8 Momentum extension target

Stop-Loss 43.5 Below intraday support

🕒 If You Already Hold NSLNISP Today

Exit on Weakness

Price drops below ₹43.5 with rising volume.

RSI dips below 62 or MACD flattens.

Exit on Strength

Price nears ₹46.5–₹47.8 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors tactical scalping with tight stops. Let me know if you'd like to compare NSLNISP with other steel sector stocks showing stronger momentum.

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