PHOENIXLTD - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.0

PHOENIXLTD displays a neutral-to-weak intraday setup. The fundamentals show moderate strength, but current technicals suggest cautious trading with limited upside unless momentum revives intraday.

📉 Technical Snapshot

RSI: 48.0 → Mid-zone; no strong directional bias yet.

MACD: -19.9 → Bearish momentum; price under pressure.

Volume: 6.99L vs Avg 18.71L → Weak volume → low liquidity and conviction.

🧭 Trend Check

Current Price: ₹1,508

Trading below DMA 50 (₹1,542) and DMA 200 (₹1,577) → Trend remains negative.

52W Index: 27.0% → Indicates weakness relative to yearly high.

High/Low Range: ₹1,338–₹1,968 → Currently close to support.

✅ Intraday Trade Plan

🔹 If initiating a trade

Buy Zone: ₹1,495–₹1,505 on minor dips with RSI climbing above 50 and volume crossing 10L

Targets

₹1,525 → short-term resistance

₹1,545 → medium-term resistance if MACD shows narrowing

Stop-Loss: ₹1,480

🔸 If already holding

Hold Strategy

Maintain position if price remains above ₹1,500 and RSI trends toward 50+

Exit Strategy

Cut intraday position if price falls below ₹1,490 or volume dries up further

If price breaks ₹1,525 with rising volume, trail SL to ₹1,505 and book profits near ₹1,540

⚠️ Key Watchpoints

Fundamentals: Decent EPS (₹27.8), and PEG Ratio (0.91) hint at balanced growth, though ROCE and ROE are modest.

Sentiment: FII & DII additions are minimal → Neutral institutional tone

Valuation: High P/E of 55 vs industry 40.2 → Could limit aggressive buying intraday

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