SOLARINDS - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for SOLARINDS (Solar Industries India Ltd.)

🔍 Trade Rating

Rating: 2.7

This reflects a weak intraday setup due to bearish momentum indicators, price action below key moving averages, and signs of short-term exhaustion.

📈 Technical Snapshot

Current Price: ₹14,471

RSI (24.3): Deeply oversold — signals weak momentum and potential for further downside

MACD (-496): Strong bearish crossover — confirms downward pressure

Volume: Slightly above weekly average — but not confirming strength

DMA 50 / 200: Price trading below 50 DMA — bearish short-term trend

52W Index (64.2%): Mid-range — sentiment remains cautious

🛒 Optimal Buy Price (Intraday)

Buy Zone: ₹14,400–₹14,470

Entry near ₹14,400 only if price stabilizes and MACD flattens

Avoid buying if price dips below ₹14,350 — risk of breakdown

🎯 Exit Levels

Strategy Target Price Stop Loss

Conservative Profit ₹14,600 ₹14,350

Aggressive Profit ₹14,700–₹14,800 ₹14,300

Trailing Stop Strategy: If price crosses ₹14,600 with volume, trail stop-loss upward by ₹50–₹75 increments

🕒 If Already Holding Today

Exit Signal: If price fails to hold ₹14,350 or RSI drops below 22

Momentum Watch

Exit near ₹14,600 if MACD remains negative or volume fades

Hold only if price breaks ₹14,700 with RSI > 30 and volume surge

⚠️ Risk Factors

RSI & MACD: Both suggest strong bearish momentum

Price Below DMA 50: Indicates short-term weakness

High P/E (104): Valuation stretched — limits upside

Quarterly Profit Growth: Positive, but not enough to offset technical weakness

Would you like a swing trade setup for SOLARINDS or a comparison with defense sector peers like BDL or BEL?

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