POWERGRID - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.4

POWERGRID is hovering in a consolidation phase and lacks decisive momentum cues for an aggressive intraday setup. However, it offers a mildly promising range-bound trade opportunity for scalpers due to its liquidity and stable behavior.

⚙️ Momentum & Technical Pulse

RSI at 45.2 → Below neutral, leaning slightly bearish; could bounce on dip-buying near support.

MACD: -0.11 → Flat-to-weak signal; lacks clear bullish crossover.

Volume: 71.1L vs Avg 72.0L → Near average, suggesting stable participation but no unusual surge.

📍 Price & Structure Analysis

CMP: ₹293

Trading below both DMA 50 (₹295) and DMA 200 (₹297) → Minor bearish bias.

Support Zones: ₹290 and ₹286

Resistance Zones: ₹295 (DMA 50), ₹297–₹300 (psychological + DMA 200 cluster)

🎯 Intraday Strategy

✅ If initiating fresh trade

Buy Entry Zone: ₹290–₹292 if price stabilizes on pullback with RSI holding above 44

Profit Booking Levels

₹295 → conservative target (DMA 50)

₹297–₹300 → if volume picks up >75L and MACD ticks up

Stop-Loss: ₹288 (tight protection if price fades)

🔁 If holding position intraday

Hold Strategy

Maintain position if price stays above ₹292 and RSI begins climbing toward 47+

Exit Triggers

Book profits near ₹295 if momentum stalls

Cut loss below ₹289 with increasing volume and RSI slipping under 43

📚 Fundamental Quick Take

EPS of ₹16.7 and P/E of 17.6 match industry average → fair valuation

Healthy ROE: 17.3% and strong dividend yield: 3.84%

QoQ PAT flat (↓0.56%), FII withdrawal is a slight sentiment drag

⚠️ Trade Risks

52w Index at 38.5% → underperformer in broader market rally

PEG Ratio: 5.32 → expensive growth expectations may limit upside

Debt/Equity: 1.41 → manageable for utility, but keep an eye on macro rate trends

This is one of those steady ships rather than fast movers. Ideal for disciplined entries but not ideal if you're hunting adrenaline with price breakouts. If you'd like to pivot toward higher-volatility energy sector plays for intraday, I can help scan a few with cleaner charts and stronger RSI/MACD combos ⚡📊.

Edit in a page