RPOWER - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.7

RPOWER is seeing healthy volume but lacks strength across technicals and fundamentals to make it a compelling intraday candidate. The recent drop in profitability, weak MACD, and low RSI point toward possible downside or sideways movement unless fresh buying steps in aggressively.

🔍 Technical Snapshot

Current Price: ₹56.2

Below 50 DMA (₹59.8) → Short-term weakness

Still above 200 DMA (₹47.5) → Long-term support intact

RSI: 36.6 → Oversold zone; bears dominate unless it crosses 41+

MACD: -1.55 → Bearish signal persisting

Volume: 2.85 Cr vs 2.54 Cr Avg → Liquidity strong, but needs direction

🧭 Intraday Strategy

✅ If entering fresh trade

Buy Zone: ₹55.5–₹56.0 (only on confirmation via bullish candles + RSI >39)

Profit Booking Levels

₹58.2 → scalp exit near resistance

₹60.0–₹60.5 → upper bound only if MACD flattens & volume >3 Cr

Stop-Loss: ₹54.4 (beneath support trendline)

🔄 If already holding intraday

Hold if price stays above ₹55.8 and RSI trends toward 40+

Partial Exit: Near ₹58.2 if momentum doesn’t improve

Full Exit: ₹60 zone if RSI loses steam and volume drops

Exit Immediately: Below ₹54.4 with red candle volume spike

📊 Fundamental Overview

Metric Value Insight

EPS ₹7.69 Reasonable, but lacks consistency

ROE / ROCE -1.08% / 6.15% Poor capital efficiency

Qtr PAT ₹44.7 Cr ↓ Sharp fall from ₹126 Cr

Debt/Equity 0.93 High leverage → caution in weak cycles

Dividend Yield 0.00% No income support

FII/DII Flow Mixed FII outflow, mild DII inflow

⚠️ Key Watchpoints

Weak RSI and bearish MACD may hold price back from a meaningful move

Tradeable volume exists, but setup requires strict risk control

Market may be pricing in volatility due to debt levels and earnings fall

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