SUMICHEM - IntraDay Trade Analysis

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

📈 Intraday Trade Analysis for SUMICHEM (Sumitomo Chemical India Ltd.)

Trade Rating: 4.2

This rating reflects a strong intraday setup driven by bullish momentum, high volume, and favorable technical indicators—though caution is warranted due to valuation concerns and recent profit contraction.

🔍 Technical & Volume Insights

RSI at 67.4: Approaching overbought territory—momentum is strong but may face resistance soon.

MACD at +18.9: Strong bullish crossover, confirming upward momentum.

Price above DMA 50 (₹547) and DMA 200 (₹521): Indicates a solid uptrend.

Volume: 8.23L vs Avg 1Wk: 4.54L: Significantly above average, showing strong intraday interest.

📊 Fundamental Snapshot

ROCE (24.7%) & ROE (18.5%): Excellent profitability metrics.

Debt-to-Equity (0.02): Very low leverage—financially sound.

PEG Ratio (10.8): Indicates overvaluation relative to growth.

EPS (₹10.1) vs P/E (61.2): Highly overvalued compared to industry PE (36.5).

Qtr Profit Var: -9.23%: Recent dip in earnings—watch for sentiment shifts.

🛒 Optimal Buy Zone (If Entering Today)

Buy Range: ₹600–₹603

Near intraday support and below VWAP, offering a low-risk entry if price stabilizes.

🎯 Exit Strategy

Scenario Entry Trigger Target Levels Stop Loss

Bullish Momentum Buy above ₹608.5 (5-min candle close) ₹613 → ₹618 ₹605

Pullback Entry Buy near ₹600 ₹604 → ₹607 ₹597.5

If Already Holding Exit if price breaks below ₹600 or fails to hold ₹605 Trail profits above ₹608.5 SL at ₹600

⚠️ Trade Caution

Momentum is strong, but RSI suggests possible short-term exhaustion.

Avoid chasing price above ₹618 without volume confirmation.

Monitor 5-min candles for breakout or reversal signals.

Would you like a swing trade setup or a sector comparison for SUMICHEM next?

Edit in a page