SYRMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | SYRMA | Market Cap | 16,396 Cr. | Current Price | 850 ₹ | High / Low | 910 ₹ |
| Stock P/E | 66.4 | Book Value | 145 ₹ | Dividend Yield | 0.18 % | ROCE | 6.34 % |
| ROE | 4.54 % | Face Value | 10.0 ₹ | DMA 50 | 745 ₹ | DMA 200 | 704 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | -0.49 % | PAT Qtr | 95.4 Cr. | PAT Prev Qtr | 65.4 Cr. |
| RSI | 73.4 | MACD | 17.0 | Volume | 25,40,765 | Avg Vol 1Wk | 44,94,817 |
| Low price | 355 ₹ | High price | 910 ₹ | PEG Ratio | 2.22 | Debt to equity | 0.10 |
| 52w Index | 89.2 % | Qtr Profit Var | 83.3 % | EPS | 13.1 ₹ | Industry PE | 29.4 |
📊 Analysis: SYRMA shows moderate-to-strong intraday potential. Current price (850 ₹) is well above both 50 DMA (745 ₹) and 200 DMA (704 ₹), reflecting bullish momentum. RSI at 73.4 indicates overbought territory, suggesting caution as upside may be limited. MACD at 17.0 is positive, confirming bullish bias. Volume (25.4 lakh) is below the 1-week average (44.9 lakh), which may restrict sharp intraday moves. The stock trades at 89.2% of its 52-week high, showing strong sentiment but also resistance nearby.
💰 Optimal Buy Price: 840–850 ₹ (near support zone).
📈 Profit-Taking Exit Levels: 865–880 ₹ (short-term resistance).
🛑 Stop-Loss / Loss Protection: 830 ₹ (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above 850 ₹ or if RSI rises further beyond 75 with weakening momentum. Book profits if price approaches 865–880 ₹ but volume remains weak or momentum indicators flatten.
✅ Positive
- Price trading well above both 50 DMA and 200 DMA, showing strong trend support.
- MACD positive, confirming bullish momentum.
- Quarterly PAT growth (+83.3%) reflects improving performance.
- EPS at 13.1 ₹ indicates earnings strength.
- Low debt-to-equity ratio (0.10) reflects financial stability.
⚠️ Limitation
- RSI at 73.4 indicates overbought conditions, limiting upside.
- Volume below 1-week average, restricting intraday volatility.
- High P/E ratio (66.4) compared to industry average (29.4).
- ROCE (6.34%) and ROE (4.54%) are relatively weak.
📉 Company Negative News
- FII holdings decreased (-0.55%).
- DII holdings decreased (-0.49%).
📈 Company Positive News
- Quarterly PAT improved significantly (95.4 Cr vs 65.4 Cr).
- Stock trading near 89.2% of its 52-week high, showing resilience.
🏭 Industry
- Industry PE at 29.4, much lower than SYRMA’s P/E, suggesting premium valuation.
- Electronics manufacturing sector remains in growth phase, supported by rising demand in consumer and industrial applications.
🔎 Conclusion
SYRMA is a fair candidate for intraday trading today with a buy zone near 840–850 ₹ and exit around 865–880 ₹. Momentum indicators suggest bullish bias, but overbought RSI and weak volume call for caution. A strict stop-loss near 830 ₹ is essential for risk management.