SHYAMMETL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.3

📊 Intraday Trading Analysis for SHYAMMETL

✅ Positives for Intraday Setup

Strong Institutional Support: DII holding increased by 1.05%, suggesting domestic confidence.

Low Debt: Debt-to-equity ratio of 0.03 indicates financial stability.

PAT Growth: Quarterly profit rose from ₹99.5 Cr to ₹168 Cr, a 68% jump, which may support sentiment.

Price Above 200-DMA: Trading above 200-DMA (₹861), offering a cushion for downside.

⚠️ Cautionary Signals

Weak Momentum: RSI at 44.8 and MACD at -4.85 suggest bearish undertone and lack of strength.

Volume Drop: Current volume (81.8K) is below 1-week average (1.08L), indicating reduced intraday interest.

High P/E (51.6) vs Industry PE (24.0): Valuation is stretched, limiting upside.

Negative PEG (-3.45): Indicates poor earnings growth relative to valuation.

FII Outflow (-0.54%): Reflects cautious foreign sentiment.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹910–₹915 (only if volume picks up and price holds above 200-DMA)

📈 Profit-Taking Levels

Target 1: ₹922 (near 50-DMA resistance)

Target 2: ₹930–₹935 (momentum breakout zone if volume sustains)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹898 (below recent support and psychological level)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drops Below 42: Indicates weakening momentum.

MACD Divergence Worsens: If price rises but MACD continues to fall.

Price Rejection at ₹922: If price fails to hold above 50-DMA after multiple attempts.

This setup favors cautious scalping with tight risk control. Momentum is soft, so any long position should be nimble and volume-confirmed. Let me know if you'd like a live chart overlay or volume tracker to monitor this in real time.

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