SRF - IntraDay Trade Analysis

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

📊 Intraday Trade Rating for SRF: 3.4

SRF shows a mixed bag of signals for intraday trading today. Here's a breakdown of the analysis

🔍 Technical & Momentum Indicators

RSI (46.6): Neutral zone, indicating lack of strong momentum.

MACD (-6.23): Bearish crossover, suggesting downward pressure.

Volume (4.46L vs Avg 7.02L): Below average, indicating reduced participation.

Price Action: Trading near its 50 DMA (₹3,105), which may act as a pivot level.

📈 Buy Price & Exit Levels

Optimal Buy Price: ₹3,028–₹3,050 (on dip near support or post breakout above ₹3,090)

Profit-Taking Targets

Target 1: ₹3,140

Target 2: ₹3,203

Target 3: ₹3,230 (if momentum builds)

Stop Loss: ₹2,978 (below key support zone)

🕒 If You Already Hold SRF Intraday

Exit on Weakness: If price fails to hold above ₹3,090 or breaks below ₹3,028 with volume spike.

Exit on Strength: Trail stop-loss upward if price sustains above ₹3,140 with rising volume and RSI > 55.

Watch for Reversal: If MACD starts flattening and RSI climbs above 50, momentum may shift bullish.

⚠️ Key Observations

High P/E (64.4) vs Industry PE (27.2) suggests premium valuation.

PEG Ratio is negative, indicating earnings growth may not justify valuation.

Decline in quarterly PAT and FII holding adds caution.

ROCE and ROE are modest, not ideal for aggressive intraday plays.

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