PNBHOUSING - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.2

PNBHOUSING isn’t flashing ideal signals for intraday trading today. There’s some underlying strength in its fundamentals and investor accumulation, but the technical setup leans bearish and momentum indicators call for caution.

📉 Momentum, Volume & Technicals

RSI: 30.2 → Near oversold territory, but no clear bounce signal yet.

MACD: -13.6 → Strong bearish crossover, confirming downside momentum.

Volume: 7.99L vs 1Wk Avg 16.93L → Weak intraday participation. Could imply lack of short-term conviction.

📊 Price Action & Trend Insight

Current Price: ₹1,006

Below DMA 50 (₹1,058), but above DMA 200 (₹965) → Consolidation with short-term weakness.

Support Zones: ₹990 and ₹965

Resistance Zones: ₹1,030 and ₹1,058

⚙️ Intraday Playbook

🚀 If planning a fresh entry

Optimal Buy Price: ₹990–₹995 (only on bounce confirmation with RSI rising above 35 and volume surge)

Profit Booking Levels

₹1,030 → conservative play

₹1,058 → aggressive target if volume crosses 12L and RSI >40

Stop-Loss: ₹980

🧭 If already holding today

Watch for

RSI creeping above 35

Price approaching ₹1,030–₹1,040 with momentum and MACD starting to flatten

Exit Strategy

If price stalls near ₹1,030 with low volume, consider exiting

If breakout above ₹1,045 with strong volume, trail stop-loss to ₹1,020 and aim for ₹1,058

⚠️ Risk Signals

Debt to Equity: 3.70 → High leverage, makes downside riskier

Low RSI + Bearish MACD → Weak setup for rapid intraday scalping

Volume Lagging → Unless a surge occurs mid-session, volatility may remain muted

This one’s a patience game today. Want help spotting stronger breakout setups that are popping on volume and MACD turnarounds? I can line up sharper candidates while keeping an eye on this one. 📌📈

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