SUNDRMFAST - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Analysis for SUNDRMFAST
IntraDay Trade Rating: 3.6
This rating reflects a mixed technical setup with moderate potential for intraday movement, but not strong conviction due to weakening momentum and volume.
🔍 Key Technical Observations
RSI (47.0): Neutral zone, indicating lack of strong momentum.
MACD (-0.54): Bearish crossover, suggesting downward pressure.
Volume (44,327 vs Avg 65,651): Below average, showing reduced participation.
Price near 50 DMA (1,006 ₹): Hovering around short-term support/resistance.
💡 Intraday Strategy
✅ If entering fresh intraday position
Optimal Buy Price: Around 995–1,000 ₹, ideally near intraday support.
Profit Target Levels
Target 1: 1,020 ₹ (minor resistance)
Target 2: 1,035 ₹ (VWAP zone)
Stop Loss: 985 ₹ (below recent support)
🚪 If already holding intraday
Exit on Weakness
If price fails to hold above 1,000 ₹ with continued low volume and MACD divergence.
Exit on Strength
If price breaks above 1,020 ₹ with rising volume and RSI > 55.
⚠️ Risk Factors
Quarterly Profit Decline (-6.83%) and FII reduction (-1.87%) may weigh on sentiment.
High P/E (39.2) and PEG (6.65) suggest overvaluation concerns.
MACD and volume trends do not support aggressive intraday buying.
Would you like a watchlist of similar auto component stocks with stronger intraday setups? Or maybe a swing trade idea instead?
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