SAREGAMA - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.9

📊 Intraday Trading Analysis for SAREGAMA

✅ Strengths for Intraday Setup

Volume Surge: Current volume (17.4L) is over 4x the 1-week average (4.29L), indicating strong intraday interest.

Momentum Indicators: RSI at 50.8 and MACD at 1.72 suggest neutral-to-bullish momentum, with room for upside if volume sustains.

Price Near DMA Cluster: Trading just below 50-DMA (₹494) and 200-DMA (₹503), which could act as breakout levels.

Zero Debt: Debt-to-equity ratio of 0.00 adds financial stability.

Institutional Accumulation: FII (+0.23%) and DII (+0.60%) increases reflect growing confidence.

⚠️ Cautionary Signals

High P/E (46.0) vs Industry PE (32.4): Indicates premium valuation, which may limit upside.

Declining PAT: Q-o-Q drop from ₹55.5 Cr to ₹40.2 Cr could dampen sentiment.

PEG Ratio (4.32): Suggests overvaluation relative to growth.

RSI Neutral: No strong directional bias yet; needs volume confirmation.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹490–₹493 (just below 50-DMA, with volume confirmation)

📈 Profit-Taking Levels

Target 1: ₹498 (near 200-DMA resistance)

Target 2: ₹505–₹508 (momentum breakout zone)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹483 (below recent support and volume pivot)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drop Below 48: Indicates weakening momentum.

MACD Flattening or Crossdown: Suggests loss of bullish momentum.

Price Rejection at ₹498: If price fails to hold above 50-DMA after multiple attempts.

This setup favors short-term scalping with tight risk control. Let me know if you’d like a live chart overlay or volume heatmap to track this in real time.

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