SJVN - IntraDay Trade Analysis

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

IntraDay Trade Rating: 2.5

SJVN is signaling intraday fragility today—while it's technically nestled near a key pivot, the overall momentum indicators and recent earnings trends don’t favor bullish trades without sharp reversals. It's more of a wait-and-watch setup for scalpers than a confident breakout play.

🔍 Technical Summary

CMP: ₹96.2 — Below DMA50 (₹98.1) and DMA200 (₹102) → trend pressure building

RSI: 41.3 — Tilting bearish; needs ≥44 for a credible bounce trigger

MACD: -0.66 — Bearish crossover persists

Volume: 36.2L vs Avg 39.7L — Slightly muted trader interest

🎯 Intraday Trade Strategy

✅ If initiating a fresh trade

Buy Entry Zone: ₹94.5–₹96 (only if bullish candles + RSI rebounds to 44+)

Profit Booking Levels

₹98 → scalp zone near 50 DMA

₹101–₹102 → upper resistance test zone if volume spikes above 40L and MACD flattens

Stop-Loss: ₹93.2

🔄 If already holding intraday

Hold if price sustains above ₹95.8 and RSI trends toward 44+

Partial Exit: Near ₹98 if MACD remains negative or RSI loses steam

Full Exit: Near ₹101.5–₹102 if volume fades or RSI fails to break 48

Hard Stop: ₹93.2 if red candles and sell volume expand

📊 Fundamental Recap

Metric Value Comment

EPS ₹2.09 Modest earnings, not justifying high P/E

P/E vs Industry 46.2 vs 41.2 Slightly overpriced for the sector

PAT QoQ -₹128 Cr vs ₹149 Cr Sharp loss → sentiment drag

Debt-to-Equity 1.91 High leverage → pressure in downturns

Dividend Yield 1.87% Decent for long-term, irrelevant intraday

ROE / ROCE 5.79% / 4.87% Weak operational efficiency

⚠️ Cautions to Note

RSI and MACD aren’t confirming a reversal; avoid chasing unless volume supports

Institutional sentiment flat → no tailwind

High debt and recent earnings deterioration undercut long-term confidence

This one’s a technical rebound candidate—but only if signs align. Otherwise, it’s better to preserve capital for setups with clearer strength. Want help identifying PSU power stocks with healthier RSI and MACD crossover? I’ve got a few simmering on the scanner ⚡📈.

Edit in a page