POLICYBZR - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 2.8

📉 Intraday Trading Analysis for POLICYBZR (Policybazaar)

⚠️ Weak Intraday Setup

Momentum Indicators

RSI at 44.6: Indicates weak momentum, leaning toward oversold territory.

MACD at -8.05: Bearish crossover, suggesting downward pressure.

Price Action

Trading below 50 DMA (₹1,817), though slightly above 200 DMA (₹1,732) — mixed signals.

Current price (₹1,790) is stuck between key moving averages, limiting directional clarity.

Volume

Slightly below average (9.39L vs 9.83L), showing lack of strong intraday interest.

Fundamentals

Negative ROE and ROCE, low EPS (₹0.24), and no dividend yield — not supportive for short-term confidence.

Recent PAT recovery (₹7.22 Cr vs -₹27 Cr) is a positive, but too early to confirm trend reversal.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹1,765–₹1,780

Only consider entry if price stabilizes above ₹1,765 with improving volume and MACD flattening.

💰 Profit-Taking Levels

Target 1: ₹1,817 (50 DMA resistance)

Target 2: ₹1,840 (next minor resistance)

Aggressive Target: ₹1,860+ only if RSI crosses 50 and MACD turns positive

🛡️ Stop-Loss

Stop-Loss Level: ₹1,745

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹1,817–₹1,840 and RSI improves above 50, consider booking partial profits.

Exit on Weakness

If MACD continues to decline and price fails to hold ₹1,765, exit to avoid deeper downside.

Volume drop below 9L with price rejection at 50 DMA is a strong exit signal.

This stock is not ideal for aggressive intraday trading today due to weak momentum and technical ambiguity. Better suited for watchlist status unless volume and indicators improve intraday. Let me know if you'd like alerts or comparisons with stronger intraday candidates.

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