RAYMOND - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.6

RAYMOND’s intraday posture is a mixed bag: although the price sits above both short and long-term DMAs with a mildly positive MACD, broader fundamentals and recent price action hint at low conviction for short-term trades. Any upside could be reactive, not trend-driven—best suited for nimble scalping rather than directional bets.

⚙️ Technical Overview

RSI: 50.4 → At neutral zone; not signaling momentum in either direction

MACD: +14.3 → Mild bullish bias, but lacks strong confirmation

Volume: 4.06L vs Avg 5.23L → Below average → fading interest among traders

Current Price: ₹688

Above DMA50 (₹658) and DMA200 (₹585) → Short-term trend intact, but momentum subdued

📈 Intraday Strategy

✅ If initiating a fresh trade

Buy Zone: ₹682–₹685 (on dips with positive candles + RSI >52)

Profit Booking Levels

Scalp target: ₹698

Extended target: ₹710 (only if volume jumps above 5.5L and RSI crosses 54)

Stop-Loss: ₹674

🔄 If already holding intraday

Hold if price stays >₹684 and RSI trends upward

Partial Exit: ₹698 if MACD plateaus or volume stagnates

Full Exit: ₹710 if no follow-through volume or RSI fails to extend past 54

Stop-out level: ₹672–₹674 on breakdown + red volume spike

📊 Fundamental Snapshot

Metric Value Insight

P/E 188 vs Industry 40.2 Highly overvalued — speculative premium

EPS ₹1,146 Figure looks inflated or anomalous — lacks clarity

PEG Ratio -3.17 Signals negative growth outlook

Qtr Profit Var -6.28% Mild earnings contraction

ROE / ROCE 0.59% / 1.64% Weak capital returns

FII/DII Trend Net outflow Institutional sentiment turning negative

Debt/Equity 0.20 Lightly leveraged, but underperforming

🧠 Key Considerations

Technically afloat, but lacking conviction and volume strength

Overstretched valuation and poor returns challenge intraday upside

Intraday action may be choppy without breakout signals or institutional support

If you're hunting for momentum-rich setups with better volume and RSI trends, I can help scan peers from textiles, mid-caps, or even discretionary retail that show stronger potential for intraday play. Ready for a fresh lineup? 🧵📊

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