RAINBOW - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | RAINBOW | Market Cap | 11,357 Cr. | Current Price | 1,119 ₹ | High / Low | 1,646 ₹ |
| Stock P/E | 46.3 | Book Value | 156 ₹ | Dividend Yield | 0.27 % | ROCE | 18.3 % |
| ROE | 16.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,207 ₹ | DMA 200 | 1,315 ₹ |
| Chg in FII Hold | -2.61 % | Chg in DII Hold | 2.03 % | PAT Qtr | 65.8 Cr. | PAT Prev Qtr | 73.2 Cr. |
| RSI | 35.5 | MACD | -18.8 | Volume | 3,33,693 | Avg Vol 1Wk | 1,58,974 |
| Low price | 1,009 ₹ | High price | 1,646 ₹ | PEG Ratio | 2.60 | Debt to equity | 0.46 |
| 52w Index | 17.3 % | Qtr Profit Var | -1.73 % | EPS | 24.2 ₹ | Industry PE | 43.5 |
📊 Analysis: RAINBOW shows moderate intraday potential. Current price (₹1,119) is below both 50 DMA (₹1,207) and 200 DMA (₹1,315), reflecting short-term weakness. RSI at 35.5 indicates near oversold territory, while MACD (-18.8) confirms bearish momentum. Volume is significantly higher than the 1-week average, suggesting strong participation. The stock is trading close to its 52-week low (₹1,009), limiting upside momentum but offering potential for short-term recovery trades.
💰 Optimal Buy Price: Around ₹1,110–1,120 if support holds.
🎯 Profit-Taking Levels: ₹1,150–1,170 (short-term resistance).
🛡️ Stop-Loss: ₹1,090 (below near-term support).
⏱️ If Already Holding: Exit near ₹1,150–1,170 if momentum slows. If price breaks below ₹1,090 with strong volume, consider intraday exit to protect capital.
Positive
- Strong ROCE (18.3%) and ROE (16.7%).
- EPS at ₹24.2 supports valuation.
- DII holdings increased (+2.03%), showing domestic confidence.
- Quarterly PAT remains strong at ₹65.8 Cr.
Limitation
- High P/E (46.3) compared to industry average (43.5).
- PEG ratio at 2.60 suggests stretched valuation.
- Current price below both 50 DMA and 200 DMA, showing weakness.
- RSI and MACD indicate bearish momentum.
Company Negative News
- FII holdings reduced (-2.61%).
- Quarterly PAT declined slightly (₹65.8 Cr vs ₹73.2 Cr).
- Stock trading near 52-week low.
Company Positive News
- DII inflows support sentiment.
- Strong fundamentals with healthy ROCE and ROE.
- EPS performance remains consistent.
Industry
- Industry PE at 43.5, RAINBOW trades at a slight premium (46.3).
- Healthcare and hospital sector benefits from rising demand and government support, though cyclical risks remain.
Conclusion
⚖️ RAINBOW is a moderate candidate for intraday trading today. While fundamentals and DII inflows are supportive, momentum indicators remain weak and valuations are stretched. Traders should attempt entries near support with strict stop-loss discipline and aim for quick exits at resistance. Long-term investors may hold for fundamentals, but intraday upside remains limited.
Would you like me to prepare a peer benchmarking overlay with hospital and healthcare players like Apollo Hospitals, Narayana Hrudayalaya, and Fortis Healthcare so you can compare RAINBOW’s intraday setup against sector peers for confirmation signals?