NSLNISP - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | NSLNISP | Market Cap | 13,490 Cr. | Current Price | 46.0 ₹ | High / Low | 49.6 ₹ |
| Book Value | 44.4 ₹ | Dividend Yield | 0.00 % | ROCE | -13.0 % | ROE | -16.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 42.0 ₹ | DMA 200 | 41.4 ₹ | Chg in FII Hold | 0.04 % |
| Chg in DII Hold | 0.18 % | PAT Qtr | -244 Cr. | PAT Prev Qtr | -115 Cr. | RSI | 65.0 |
| MACD | 1.10 | Volume | 83,24,562 | Avg Vol 1Wk | 68,86,794 | Low price | 33.0 ₹ |
| High price | 49.6 ₹ | Debt to equity | 0.41 | 52w Index | 78.2 % | Qtr Profit Var | 67.8 % |
| EPS | -2.75 ₹ | Industry PE | 18.5 |
📊 Analysis: NSLNISP shows weak intraday potential. Current price (₹46.0) is above DMA 50 (₹42.0) and DMA 200 (₹41.4), reflecting short-term strength. RSI at 65.0 indicates nearing overbought territory, while MACD (1.10) suggests mild bullish bias. Volume (83.2L) is higher than the 1-week average (68.8L), providing liquidity. However, fundamentals are poor with negative ROE (-16.6%), negative ROCE (-13.0%), and consistent losses (PAT -244 Cr vs -115 Cr). EPS remains negative (-₹2.75), limiting conviction.
💹 Optimal Buy Price: ₹45.5–46.0 only if sustained above VWAP with strong volume confirmation.
🎯 Profit Exit Levels: ₹47.5 (near resistance) and ₹49.0 (next resistance zone).
🛑 Stop-Loss: ₹44.5 (below intraday support).
⏱️ If Already Holding: Exit near ₹47.5–49.0 if momentum slows or RSI crosses 68 intraday. Cut positions if price breaks below ₹44.5 with rising volume pressure.
Positive
- Price trading above DMA 50 and DMA 200, confirming short-term bullish bias.
- FII (+0.04%) and DII (+0.18%) holdings increased slightly, showing marginal institutional support.
- Debt-to-equity ratio at 0.41 indicates moderate leverage.
- Strong trading volume supports intraday opportunities.
Limitation
- Negative ROE (-16.6%) and ROCE (-13.0%) highlight poor efficiency.
- EPS of -₹2.75 reflects consistent losses.
- No dividend yield (0.00%), offering no income support.
- Quarterly PAT worsened (₹-115 Cr → ₹-244 Cr), showing deepening losses.
Company Negative News
- Sharp increase in quarterly losses raises concerns about financial stability.
- Weak fundamentals limit investor confidence.
Company Positive News
- Marginal increase in institutional holdings indicates cautious optimism.
- Technical support from DMA levels provides short-term trading opportunity.
Industry
- Industry P/E at 18.5 highlights NSLNISP’s weak fundamentals as it lacks positive earnings.
- Steel and industrial sector remains cyclical, influenced by demand recovery and global commodity trends.
Conclusion
⚖️ NSLNISP offers weak intraday trading potential with limited upside. Suitable only for speculative trades above ₹45.5 with profit targets near ₹47.5–49.0 and strict stop-loss at ₹44.5. Traders should remain cautious due to persistent losses and weak fundamentals despite short-term technical support.
Would you like me to also prepare a sector overlay analysis comparing NSLNISP with peers like Tata Steel and JSW Steel for benchmarking?