PEL - IntraDay Trade Analysis

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

IntraDay Trade Rating: 4.1

PEL presents a strong intraday profile today with bullish momentum and upward price movement. However, risks exist due to elevated valuation, high debt, and waning institutional interest.

🔍 Technical Overview

RSI: 63.0 → Bullish zone; approaching overbought, but still trending upward.

MACD: +41.1 → Positive crossover with strong momentum—favoring buyers.

Volume: 5.01L vs Avg 7.56L → Slightly below average, but sufficient for liquidity.

📊 Price Action & Trend Setup

Current Price: ₹1,295

Above DMA 50 (₹1,189) and DMA 200 (₹1,077) → Strong uptrend alignment.

52W Index: 88.7% → Near yearly highs, suggesting strong sentiment.

Quarter Profit Jump: 276 Cr. vs 102 Cr. → Significant performance spike

🧭 Intraday Trading Plan

✅ Fresh Entry

Buy Zone: ₹1,285–₹1,295 on dips, only if RSI sustains >61 and MACD remains bullish

Targets

₹1,325 → short-term profit zone

₹1,350 → upper intraday ceiling (watch for volume >7.5L)

Stop-Loss: ₹1,270

🔁 If Already Holding

Hold Strategy

Maintain position above ₹1,290 with RSI >62 and MACD expanding

Exit Strategy

Exit near ₹1,320 if RSI cools below 60 or MACD flattens

Breakout above ₹1,330 → trail SL to ₹1,295 and target ₹1,350

⚠️ Risk Factors

High P/E: 56.5 vs Industry 25.2 → Overvaluation may trigger profit booking.

Debt to Equity: 2.42 → High leverage = caution if macro sentiment shifts.

FII Outflow (-0.89%) → Short-term sentiment could be impacted by global positioning.

PEL’s technical momentum can fuel a profitable intraday trade if you manage levels tightly. Want to pair it with similar setups in the financial or investment space to diversify your trade radar? I’ve got some intriguing screens we can explore 🚦📈.

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