NUVAMA - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.5

📊 Intraday Trading Analysis for NUVAMA

NUVAMA shows a mixed-to-positive setup for intraday trading today. While fundamentals are strong and there's mild bullish momentum, technical indicators are neutral and volume is slightly below average. The high debt level also adds caution.

✅ Positive Signals

Price > 200-DMA (₹6,489): Long-term uptrend intact.

MACD (6.95): Mild bullish crossover.

EPS ₹274 & PEG 0.50: Strong earnings and undervaluation.

ROE (30.9%) & ROCE (20.4%): Excellent profitability.

Qtr Profit Var (+41.2%): Strong earnings momentum.

FII & DII Holding ↑: Institutional interest growing.

⚠️ Cautionary Signals

Price < 50-DMA (₹7,294): Short-term weakness.

RSI (42.9): Neutral to weak — needs to cross 50 for momentum.

Volume (77K) < Avg Vol (1.04L): Lower participation.

Debt-to-Equity (2.25): High leverage — risk in volatility.

P/E (26.4) > Industry PE (15.4): Slightly expensive.

🔹 Intraday Strategy

📌 If Entering Fresh Today

Optimal Buy Price: ₹7,180–₹7,200 (on dip near support)

Profit-Taking Levels

Target 1: ₹7,280 (near 50-DMA)

Target 2: ₹7,350 (if RSI improves midday)

Stop-Loss: ₹7,120 (below intraday support)

📌 If Already Holding Today

Exit Triggers

RSI fails to cross 45–48 by midday

MACD flattens or turns negative

Price struggles to reclaim ₹7,250–₹7,280 zone

Volume remains weak or drops below 60K

🧠 Final Thoughts

NUVAMA is a moderate intraday candidate today. Fundamentals are compelling, but technicals need confirmation. If volume picks up and RSI trends higher, it could offer a decent short-term trade. Otherwise, stay cautious and use tight risk controls.

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