SHREECEM - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.5

📊 Intraday Trading Analysis for SHREECEM

✅ Strengths for Intraday Setup

Price Near Support Zone: Trading close to 200-DMA (₹29,218), which may act as a bounce level.

Strong EPS (₹415): Indicates solid earnings base.

Low Debt: Debt-to-equity ratio of 0.05 adds financial stability.

Qtr Profit Surge: PAT increased from ₹556 Cr to ₹619 Cr, a 94.7% jump—positive sentiment driver.

FII Accumulation: Slight increase (+0.37%) in foreign holding reflects institutional interest.

⚠️ Cautionary Signals

High P/E (72.1) vs Industry PE (47.3): Indicates overvaluation, which may cap upside.

MACD Deep Negative (-209): Suggests bearish momentum still in play.

RSI Neutral (48.6): No strong directional bias.

Volume Flat: Current volume (36.8K) is only marginally above 1-week average (34.7K), showing limited intraday interest.

DII Outflow: Slight reduction (-0.42%) in domestic institutional holding.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹29,850–₹29,960 (near current price, with confirmation from volume uptick)

📈 Profit-Taking Levels

Target 1: ₹30,200 (near 50-DMA resistance)

Target 2: ₹30,450–₹30,600 (momentum breakout zone)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹29,600 (below 200-DMA and psychological support)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drop Below 45: Indicates weakening momentum.

MACD Continues to Decline: Suggests bearish pressure remains.

Price Rejection at ₹30,200: If price fails to hold above this level after multiple attempts.

This setup favors cautious scalping with tight risk control. Let me know if you'd like to track this live with a momentum overlay or volume heatmap.

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