SUMICHEM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.6

📊 Intraday Trading Analysis for SUMICHEM

✅ Strengths

Strong Fundamentals: ROCE at 25.1% and ROE at 18.8% indicate efficient capital usage.

Low Leverage: Debt-to-equity ratio of 0.02 adds financial stability.

Earnings Momentum: PAT grew 40% QoQ, signaling improving profitability.

Price Above 200-DMA: Trading above 200-DMA (₹540), suggesting long-term support.

⚠️ Weaknesses

Bearish Momentum: RSI at 46.0 and MACD at -6.18 suggest fading strength and possible downside.

Volume Drop: Current volume (1.78L) is below 1-week average (2.34L), indicating reduced intraday interest.

High Valuation: P/E of 50.9 and PEG of 10.2 suggest stretched valuation relative to growth.

Price Below 50-DMA: Trading just under 50-DMA (₹571), which may act as resistance.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹562–₹565 (only if price stabilizes above ₹560 with volume confirmation)

📈 Profit-Taking Levels

Target 1: ₹570 (near 50-DMA resistance)

Target 2: ₹576–₹580 (momentum breakout zone)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹554 (below recent support and psychological level)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drops Below 44: Indicates weakening momentum.

MACD Divergence Worsens: If price rises but MACD continues to fall.

Price Rejection at ₹570: If price fails to hold above this level after multiple attempts.

This setup favors cautious scalping with tight risk control. Momentum is soft, so any long position should be volume-confirmed and nimble. Let me know if you'd like to track this live with a chart overlay or volume heatmap.

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