PETRONET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | PETRONET | Market Cap | 41,850 Cr. | Current Price | 279 ₹ | High / Low | 326 ₹ |
| Stock P/E | 10.9 | Book Value | 145 ₹ | Dividend Yield | 3.59 % | ROCE | 23.4 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 275 ₹ | DMA 200 | 283 ₹ |
| Chg in FII Hold | 0.83 % | Chg in DII Hold | -0.51 % | PAT Qtr | 1,338 Cr. | PAT Prev Qtr | 848 Cr. |
| RSI | 55.4 | MACD | 0.45 | Volume | 12,52,805 | Avg Vol 1Wk | 20,40,391 |
| Low price | 235 ₹ | High price | 326 ₹ | PEG Ratio | 1.86 | Debt to equity | 0.11 |
| 52w Index | 48.0 % | Qtr Profit Var | 25.0 % | EPS | 25.6 ₹ | Industry PE | 20.8 |
📊 Optimal Buy Price (Intraday): ₹275–280 (near 50 DMA support at ₹275 with momentum confirmation)
🎯 Profit-Taking Levels: ₹290–300 (short-term resistance zone, close to 200 DMA at ₹283)
🛡️ Stop-Loss / Loss Protection: ₹270–272 (below intraday support zone)
⏱️ Exit Strategy (If Already Holding): Exit if price fails to sustain above ₹272 with weakening volume, or book profits if RSI approaches 58–60 and momentum flattens. Extend trades only if breakout above ₹300 is confirmed with strong intraday volume.
---
### Positive
- EPS at ₹25.6 supports valuation strength.
- ROCE (23.4%) and ROE (18.7%) indicate strong efficiency.
- Dividend yield at 3.59% adds investor appeal.
- Current price (₹279) trading near DMA 50 (₹275) and DMA 200 (₹283), showing strong technical support.
- PAT improved sequentially (₹848 Cr. → ₹1,338 Cr.), showing earnings strength.
- FII holding increased (+0.83%), reflecting foreign investor confidence.
### Limitation
- RSI at 55.4 is neutral, limiting upside momentum.
- MACD at 0.45 shows weak momentum.
- Intraday volume (12.5 lakh) below weekly average (20.4 lakh), limiting liquidity.
- PEG ratio (1.86) suggests moderately expensive valuation relative to growth.
- DII holding reduced (-0.51%), showing domestic institutional caution.
### Company Negative News
- DII reduction indicates cautious domestic sentiment.
- Neutral RSI and weak MACD limit short-term upside.
### Company Positive News
- PAT growth (+25%) highlights strong operational performance.
- Dividend yield at 3.59% supports investor confidence.
- FII holding increased, showing foreign support.
### Industry
- Energy/LNG sector benefits from rising demand but faces risks from global price volatility.
- Industry PE at 20.8 is higher than PETRONET’s P/E (10.9), suggesting undervaluation relative to peers.
### Conclusion
PETRONET is a fundamentally strong intraday candidate with attractive valuations and dividend yield. Best suited for disciplined trades between ₹275–300 with strict stop-loss at ₹272. Avoid aggressive positions unless breakout above ₹300 is confirmed with strong volume; risk remains moderate due to neutral momentum indicators.
Would you like me to extend this into a peer benchmarking HTML overlay comparing PETRONET’s intraday setup against GAIL, ONGC, and Indian Oil for sector-relative positioning?