SYRMA - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.2

📊 Intraday Trading Analysis for SYRMA

✅ Bullish Setup

Momentum Indicators: RSI at 58.0 and MACD at 26.6 show strong upward momentum.

Volume Confirmation: Current volume (13.1L) is slightly above the 1-week average (12.6L), supporting active intraday interest.

Price Strength: Trading well above both 50-DMA (₹738) and 200-DMA (₹604), indicating sustained bullish trend.

Institutional Accumulation: FII (+0.86%) and DII (+8.90%) increases reflect strong backing.

Quarterly Profit Spike: 880% jump in PAT adds to sentiment-driven momentum.

⚠️ Risks to Monitor

Valuation Concerns: P/E of 148 and PEG of 4.95 suggest overvaluation.

Modest ROE/ROCE: ROE at 4.54% and ROCE at 6.34% are relatively low.

Sequential Profit Decline: PAT fell from ₹32.2 Cr to ₹26.8 Cr.

Near 52-Week High: Current price is close to resistance zone (₹875), which may trigger profit booking.

🎯 Trade Strategy

📌 Optimal Buy Price

₹808–₹812 (enter on strength with volume confirmation)

📈 Profit-Taking Levels

Target 1: ₹820 (momentum extension)

Target 2: ₹828–₹835 (approaching resistance zone)

📉 Stop-Loss

₹798 (below recent support and psychological level)

⏱️ Exit Strategy if Already Holding

RSI drops below 55: Signals weakening momentum.

MACD flattens or turns negative: Indicates fading bullishness.

Price rejection at ₹820–₹828: Multiple failed attempts suggest exit.

SYRMA offers a strong short-term setup for intraday scalping, but valuation and resistance overhead warrant tight risk control. Let me know if you'd like to track this live with a chart overlay or volume heatmap.

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