SONACOMS - IntraDay Trade Analysis

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

📊 Intraday Trade Analysis for SONACOMS

Trade Rating: 3.2

This rating reflects a moderately cautious outlook for intraday trading based on current technical and volume indicators.

🔍 Key Observations

Trend & Momentum

RSI at 46.8: Neutral zone, no strong momentum.

MACD at -3.25: Bearish crossover, indicating downward pressure.

Price below both DMA 50 (₹484) and DMA 200 (₹534): Suggests a short-term downtrend.

VWAP at ₹480.67: Current price (₹470) is below VWAP, indicating weakness

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Volume Analysis

Current Volume: 16.9L vs Avg 1Wk: 29.5L: Lower-than-average volume, showing reduced intraday interest.

OI and delivery data suggest sellers are active and momentum is weak

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Fundamentals

Strong ROCE (17.8%) and ROE (14.3%) with low debt (0.04) — good long-term fundamentals.

High P/E (50.1) vs industry (31.2) and PEG (2.72) — overvalued for short-term trades.

🛒 Optimal Buy Price (If Entering Today)

Buy Zone: ₹465–₹468.5

This range is near support and below VWAP, offering a low-risk entry if price stabilizes

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🎯 Exit Levels

Scenario Action Target Stop Loss

Bullish Breakout Buy above ₹473.90 (5-min candle close) ₹477.30 → ₹482.65 ₹473.90

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Pullback Trade Buy near ₹465.15 ₹468.55 ₹465.15

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If Already Holding Exit on weakness below ₹465 or if price fails to hold above ₹468.5 Trail profits if price crosses ₹473.9 SL at ₹465

⚠️ Trade Caution

Short-term trend is down, and price is below key moving averages.

Avoid aggressive long positions unless price breaks above ₹473.9 with volume confirmation.

Use tight stop-losses and monitor 5-min candles for momentum shifts.

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