SHREECEM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 2.6

📉 SHREECEM is currently in a weak technical phase with bearish momentum and low volume, making it a less favorable candidate for intraday trading today.

📈 Optimal Trade Setup

• 💰 Buy Price: ₹27,400–₹27,500 (near recent support zone)
• 📊 Profit Target: ₹27,900–₹28,100 (short-term resistance zone)
• 🛑 Stop Loss: ₹27,200 (below recent support)

📤 Exit Strategy (If Already Holding)

• 📉 Momentum: RSI at 30.3 and MACD at -409 indicate oversold and bearish momentum — exit if price fails to hold above ₹27,400
• 📉 Volume: Current volume (12.6K) is significantly below 1-week average (30.8K) — suggests weak intraday participation
• ⏱️ Exit Timing: Consider exiting near ₹28,000 if price rebounds with volume; exit below ₹27,200 if weakness continues

✅ Positive

• 📈 EPS of ₹466 and low debt-to-equity ratio (0.09)
• 📊 Strong quarterly profit growth (Qtr Profit Var: 198%)
• 🏦 Increase in FII holding (+0.27%)

⚠️ Limitation

• 📉 RSI and MACD indicate strong bearish momentum
• 📉 Price trading below both 50 DMA and 200 DMA — bearish trend
• 📉 Volume is significantly below average — poor intraday liquidity

🚫 Company Negative News

• 📉 PAT dropped from ₹619 Cr. to ₹277 Cr. QoQ
• 📉 Decline in DII holding (-0.25%)

📢 Company Positive News

• 📈 High book value of ₹6,078 — strong asset base
• 📈 52-week low at ₹23,500 — current price offers technical bounce potential

🏭 Industry

• 🏗️ Operates in cement and building materials — cyclical and sensitive to infrastructure demand
• 📊 Industry PE of 36.4 — SHREECEM trades at a premium (P/E 59.3)

🧾 Conclusion

• ⚠️ SHREECEM is not an ideal intraday candidate today due to weak momentum and low volume
• 📉 Avoid aggressive trades unless price action improves with volume confirmation
• 📊 Better suited for long-term accumulation on dips than short-term scalping

I can also help you identify cement sector peers with stronger intraday setups and volume trends today.