SUMICHEM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 3.4

📊 Analysis: SUMICHEM is showing weak intraday momentum. RSI at 34 indicates oversold conditions, but MACD (-8.35) remains negative, suggesting bearish sentiment. Current price (444 ₹) is below both DMA 50 (482 ₹) and DMA 200 (516 ₹), confirming short-term weakness. Volume (2,10,129) is lower than the weekly average (2,66,287), reducing conviction for sharp moves.

💡 Optimal Buy Price: 438–442 ₹ (near support zone).

🎯 Profit Exit Levels: 452 ₹ (first resistance), 460 ₹ (secondary resistance).

🛡️ Stop-Loss: 432 ₹ (recent low).

⏱️ If Already Holding: Consider exiting near 452 ₹ if momentum fades or volume fails to pick up. If price breaks below 432 ₹ with volume, cut losses immediately.

✅ Positive

• 📈 Strong ROCE (25.1%) and ROE (18.8%) reflect efficient capital use.
• 💰 Low debt-to-equity (0.02) ensures financial stability.
• 🏦 DII holding increased (0.32%), showing domestic institutional confidence.

⚠️ Limitation

• 📉 High P/E (41.1) compared to industry average (27.6).
• 🔻 Quarterly profit declined (-6.78%), showing near-term weakness.
• 📊 PEG ratio (8.20) suggests overvaluation relative to growth.

📰 Company Negative News

• ⚠️ Profit contraction in the latest quarter (178 Cr. vs 180 Cr.).
• 📉 Stock trading below DMA levels, signaling bearish trend.

🌟 Company Positive News

• 💡 Consistent EPS (10.8 ₹) supports long-term fundamentals.
• 🏭 Strong industry presence with market cap of 22,182 Cr.

🏭 Industry

• 📊 Industry PE at 27.6, lower than SUMICHEM’s valuation, indicating premium pricing.
• 🌱 Chemical sector demand remains steady, but cyclical risks persist.

📌 Conclusion

SUMICHEM is not an ideal intraday candidate today due to weak momentum and low volume. Traders may attempt small-range scalps near support (438–442 ₹) with tight stop-loss at 432 ₹. Best suited for cautious intraday trades rather than aggressive positions.

Would you like me to extend this with a sector scan and peer benchmarking overlay so you can compare SUMICHEM’s intraday strength against other chemical stocks in real time?