SONACOMS - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.5

📊 Intraday Trading Analysis for SONACOMS

✅ Positives for Intraday Setup

Strong Fundamentals: ROCE at 18.3% and ROE at 14.2% suggest solid operational efficiency.

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

Price Near Support Zone: Trading close to 52-week low (₹380) and below both 50-DMA (₹454) and 200-DMA (₹508), which may attract bounce trades.

DII Accumulation: Slight increase (+0.17%) in domestic institutional holding supports sentiment.

⚠️ Cautionary Signals

Weak Momentum: RSI at 47.2 and MACD at -5.04 indicate bearish undertone and lack of strength.

Volume Slightly Below Average: Current volume (18.3L) is marginally below 1-week average (19.6L), suggesting moderate interest.

Profit Decline: PAT dropped from ₹154 Cr to ₹127 Cr, a 18.1% decrease.

High P/E (48.4) vs Industry PE (29.1): Indicates premium valuation, which may limit upside.

PEG Ratio (2.69): Suggests overvaluation relative to growth.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹438–₹442 (only if price stabilizes above ₹440 with volume confirmation)

📈 Profit-Taking Levels

Target 1: ₹448 (momentum extension)

Target 2: ₹455–₹458 (approaching 50-DMA resistance)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹432 (below recent support and psychological level)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drops Below 45: Indicates fading momentum.

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

Price Rejection at ₹448: If price fails to hold above this level after multiple attempts.

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

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