SRF - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | SRF | Market Cap | 81,123 Cr. | Current Price | 2,736 ₹ | High / Low | 3,325 ₹ |
| Stock P/E | 45.3 | Book Value | 428 ₹ | Dividend Yield | 0.33 % | ROCE | 15.9 % |
| ROE | 14.8 % | Face Value | 10.0 ₹ | DMA 50 | 2,628 ₹ | DMA 200 | 2,750 ₹ |
| Chg in FII Hold | -0.81 % | Chg in DII Hold | 0.99 % | PAT Qtr | 515 Cr. | PAT Prev Qtr | 528 Cr. |
| RSI | 59.9 | MACD | 39.2 | Volume | 2,42,020 | Avg Vol 1Wk | 4,32,795 |
| Low price | 2,314 ₹ | High price | 3,325 ₹ | PEG Ratio | -11.6 | Debt to equity | 0.27 |
| 52w Index | 41.8 % | Qtr Profit Var | 0.45 % | EPS | 58.2 ₹ | Industry PE | 20.0 |
📊 SRF shows fair intraday trading potential. RSI at 59.9 indicates bullish momentum but not yet overbought. MACD (39.2) is positive, suggesting upward bias. Current price (2,736 ₹) is above 50 DMA (2,628 ₹) and near 200 DMA (2,750 ₹), reflecting short-term strength but medium-term resistance. Volume (2.4L) is below the 1-week average (4.3L), showing weaker participation.
💡 Optimal Buy Price: 2,720–2,730 ₹ (near support)
🎯 Profit-Taking Levels: 2,780–2,820 ₹ (resistance zone)
🛑 Stop-Loss: 2,700 ₹ (below support)
⏱ If already holding: Exit near 2,780–2,820 ₹ if momentum weakens or volume fails to rise. If price breaks below 2,700 ₹ with strong volume, consider intraday exit to protect capital.
Positive
- ✅ Strong ROCE at 15.9% and ROE at 14.8%
- ✅ Current price above 50 DMA and near 200 DMA
- ✅ DII holding increased (+0.99%), showing domestic institutional support
Limitation
- ⚠️ High P/E ratio of 45.3 compared to industry average (20.0)
- ⚠️ Volume significantly below average, limiting intraday momentum
- ⚠️ EPS at 58.2 ₹ but PEG ratio negative (-11.6), indicating valuation concerns
Company Negative News
- 📉 Decline in FII holding (-0.81%) shows reduced foreign investor confidence
- 📉 PAT slightly declined (515 Cr vs 528 Cr)
Company Positive News
- 📈 EPS at 58.2 ₹ reflects strong earnings base
- 📈 Stable quarterly profit variation (+0.45%) despite sector challenges
Industry
- 🏦 Industry PE at 20.0 vs SRF PE at 45.3 shows significant overvaluation
- 🏦 Specialty chemicals sector remains growth-oriented with global demand drivers
Conclusion
⚖️ SRF offers decent intraday trading potential with bullish signals from RSI and MACD, supported by price strength above key moving averages. Traders may attempt entries near 2,720–2,730 ₹ with profit targets around 2,780–2,820 ₹. However, high valuation and weak volume participation suggest cautious positioning with tight stop-losses.
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