PREMIERENE - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 3.6

📊 Analysis: PREMIERENE is trading at ₹890, below both 50 DMA (₹978) and 200 DMA (₹1,011), reflecting short-term weakness. RSI at 36.8 indicates weak momentum near oversold territory, while MACD (-30.1) confirms bearish bias. Intraday volume (7,21,799) is lower than the 1-week average (8,53,362), suggesting reduced participation today. Fundamentals show moderate efficiency (ROCE 12.4%, ROE 9.49%), but valuations are extremely expensive (P/E 227 vs industry PE 30.6). Intraday trades should be defensive.

💡 Optimal Buy Price: ₹885–₹895 (near support zone).

🎯 Profit-Taking Levels: ₹910 – ₹930 (short-term resistance).

🛡️ Stop-Loss: ₹875 (below intraday support).

⏱️ Exit Strategy if Already Holding: Exit intraday if price fails to sustain above ₹890 with weakening momentum. If RSI drops below 35 and MACD remains negative, consider closing positions near ₹885–₹890. If momentum improves with volume pickup, hold until ₹910–₹930.

Positive

• 📈 Quarterly PAT growth from ₹23.5 Cr. to ₹55.1 Cr. (+245%).
• 💡 DII holding increased (+0.30%), reflecting domestic investor support.
• ⚡ Debt-to-equity 0.01 indicates near debt-free balance sheet.

Limitation

• 📉 Current price below DMA 50 & DMA 200, reflecting bearish trend.
• 📊 High P/E (227) vs industry PE (30.6) shows extreme premium valuation.
• 📉 RSI 36.8 indicates weak momentum.
• 📊 Dividend Yield 0.11% is negligible.

Company Negative News

• ⚠️ FII holding reduced (-0.15%), showing foreign investor caution.
• 📉 MACD negative (-30.1) confirms bearish divergence.

Company Positive News

• ✅ Quarterly PAT improved significantly, showing operational strength.
• 💡 DII holding increased, supporting domestic sentiment.

Industry

• 🏭 Industry PE at 30.6 vs stock PE 227, showing extreme premium valuation.
• 📊 Entertainment sector remains cyclical, dependent on consumer demand and discretionary spending.

Conclusion

⚖️ PREMIERENE shows strong profit growth but trades at extremely expensive valuations with weak short-term technicals. Intraday traders should be cautious, buying near support (₹885–₹895) with tight stop-losses. Upside is possible toward ₹910–₹930 if momentum improves. Long-term investors may remain cautious due to high valuations, but intraday trades can be attempted defensively today.

Would you like me to extend this into a peer benchmarking overlay comparing PREMIERENE with other entertainment sector stocks, or prepare a sector rotation basket scan to highlight stronger intraday momentum candidates?