SONACOMS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.2

📈 SONACOMS shows strong momentum, rising volume, and bullish price action — a favorable setup for intraday trading today.

📈 Optimal Trade Setup

• 💰 Buy Price: ₹478–₹482 (near 50 DMA and breakout zone)
• 📊 Profit Target: ₹495–₹505 (short-term resistance zone)
• 🛑 Stop Loss: ₹470 (below 50 DMA)

📤 Exit Strategy (If Already Holding)

• 📈 Momentum: RSI at 66.6 and MACD at 13.3 indicate bullish momentum — hold if price sustains above ₹484
• 📊 Volume: Current volume (17.6L) is above 1-week average (13.0L) — confirms strong intraday interest
• ⏱️ Exit Timing: Consider exiting near ₹505 if price stalls or RSI crosses 70; exit below ₹470 if reversal signs appear

✅ Positive

• 📈 PAT growth from ₹127 Cr. to ₹168 Cr. QoQ
• 📊 EPS of ₹9.31 and low debt-to-equity ratio (0.03)
• 📈 Trading above 50 DMA and near 200 DMA — bullish setup
• 🏦 Increase in DII holding (+5.53%)

⚠️ Limitation

• 📉 PEG ratio of 2.82 and P/E of 50.7 — expensive valuation
• 📉 RSI nearing overbought zone — risk of short-term pullback

🚫 Company Negative News

• 📉 Decline in FII holding (-6.28%) — reduced foreign confidence

📢 Company Positive News

• 📈 Price recovery from ₹380 to ₹484 — strong price action
• 📈 52-week index at 30.4% — room for upside

🏭 Industry

• 🚗 Operates in auto components — cyclical but currently favorable
• 📊 Industry PE of 32.8 — SONACOMS trades at a premium

🧾 Conclusion

• 📈 SONACOMS is a strong intraday candidate today with bullish momentum and rising volume
• 📊 Use disciplined entry near support and monitor RSI for overbought signals
• ⚠️ Premium valuation and FII outflow warrant tight stop-loss management

I can also help you track SONACOMS live and alert you if it breaks past ₹505 or shows signs of reversal.