SYNGENE - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.5

📊 Intraday Trading Analysis for SYNGENE

✅ Strengths

Price Near Support Zone: Trading just below 50-DMA (₹659) and well above 52-week low (₹599), offering a potential bounce setup.

Strong Institutional Interest: DII holding increased by 2.55%, suggesting domestic confidence.

Low Leverage: Debt-to-equity ratio of 0.07 adds financial stability.

EPS of ₹11.6 and ROCE of 12.8% indicate decent operational efficiency.

⚠️ Weaknesses

Bearish Momentum: RSI at 50.4 and MACD at -1.13 suggest neutral-to-weak momentum.

Volume Drop: Current volume (4.15L) is less than half the 1-week average (9.13L), indicating reduced intraday interest.

High Valuation: P/E of 56.6 and PEG of 43.9 are stretched relative to industry PE (51.1).

Profit Decline: PAT fell from ₹174 Cr to ₹74 Cr, which may weigh on sentiment.

FII Outflow (-2.96%): Reflects cautious foreign stance.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

₹654–₹658 (near current price, ideally on a volume uptick and MACD flattening)

📈 Profit-Taking Levels

Target 1: ₹664 (momentum extension)

Target 2: ₹672–₹675 (approaching resistance zone near 200-DMA)

📉 Stop-Loss / Loss Protection

₹648 (below recent support and psychological level)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI drops below 48

MACD continues to diverge negatively

Price rejection at ₹664–₹672 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.

Edit in a page