RITES - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.8

🚆 Intraday Trading Analysis for RITES Ltd

📊 Technical & Momentum Overview

Current Price: ₹270 — trading above both 50 DMA (₹264) and 200 DMA (₹267), indicating short-term bullish bias.

RSI at 57.1: Mildly bullish, with room to rise before overbought territory.

MACD at 3.56: Positive crossover, supporting upward momentum.

Volume: 4.79L vs 12.02L average — significantly below average, suggesting limited intraday enthusiasm.

📈 Fundamental Snapshot

P/E of 34.0 vs Industry PE of 20.6: Overvalued relative to peers.

ROCE (20.0%) & ROE (15.1%): Strong operational efficiency.

Quarterly PAT Drop: ₹134 Cr → ₹66.6 Cr — sharp decline, may cap upside.

Institutional Activity: FII up (+0.14%), DII slightly down (-0.02%) — neutral sentiment.

Debt-to-Equity (0.00): Excellent financial structure.

PEG Ratio (-4.02): Negative, indicating valuation concerns.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹267–₹270

Entry near 200 DMA with tight stop-loss; confirm with MACD slope rising and RSI holding above 56.

💰 Profit-Taking Levels

Target 1: ₹274 (minor resistance)

Target 2: ₹278 (next resistance zone)

Aggressive Target: ₹282+ only if RSI crosses 60 and MACD accelerates

🛡️ Stop-Loss

Stop-Loss Level: ₹262

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹278–₹282 and RSI rises above 60 with volume surge, consider booking profits.

Exit on Weakness

If MACD flattens or RSI drops below 54 with price rejection at ₹274, exit partially.

Full exit if price breaks below ₹262 with rising volume.

RITES offers a technically favorable but volume-constrained intraday setup today. Best suited for cautious scalping with disciplined risk control. Let me know if you'd like to track this live or compare with other infrastructure sector stocks.

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