RENUKA - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 2.5

📊 Analysis: RENUKA shows weak intraday potential. RSI at 46.1 indicates neutral momentum, while MACD is slightly negative (-0.47), suggesting lack of strong trend. Price is trading below both 50 DMA (28.0 ₹) and 200 DMA (31.2 ₹), confirming bearish bias. Volume is significantly above weekly average, indicating speculative activity, but fundamentals remain weak with negative EPS and losses.

💹 Optimal Buy Price: Around 25.0–25.6 ₹ (near current support zone).

🎯 Profit Exit Levels: 26.5 ₹ (first target), 28.0 ₹ (second target — resistance at 50 DMA).

🛡️ Stop-Loss: 24.5 ₹ (below recent low).

⏱️ If Already Holding: Consider exiting if price fails to sustain above 25.0 ₹ or if RSI dips below 45 intraday. Momentum exit advisable near 26.5–28.0 ₹ if volume spikes confirm profit-taking.

Positive

• 📈 High trading volume

• 📊 ROCE

• 📈 FII holding increased

Limitation

• ⚠️ Negative EPS

• 📉 Negative book value

• 📊 Trading below DMA 50 & DMA 200

• 📉 52-week index

• 📊 Quarterly PAT losses

Company Negative News

• 📉 DII holding reduced

• ⚠️ No dividend yield

Company Positive News

• 📈 FII holding increased

Industry

• 🏭 Industry PE at 12.4 indicates RENUKA trades at a discount, but negative earnings make comparisons unfavorable.
• 📊 Sector rotation currently disfavors sugar & commodity plays, limiting intraday upside.

Conclusion

⚖️ RENUKA is a weak intraday candidate

Would you like me to extend this into a peer benchmarking overlay against other sugar/commodity sector stocks, or prepare a basket scan with sector rotation logic for intraday workflow automation?