TATACHEM - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.8

📊 Intraday Trading Analysis for TATACHEM

✅ Bullish Indicators

Momentum Strength: RSI at 62.0 and MACD at 11.3 suggest a bullish undertone with room for continuation.

Price Above Key Averages: Trading above both 50-DMA (₹947) and 200-DMA (₹944), indicating short-term strength.

Quarterly PAT Growth: PAT rose from ₹97 Cr to ₹307 Cr, a strong sequential improvement.

DII Accumulation: +0.65% increase in domestic institutional holding supports sentiment.

Low Leverage: Debt-to-equity ratio of 0.12 adds financial stability.

⚠️ Risks to Monitor

Weak Volume: Current volume (6.43L) is significantly below 1-week average (10.36L), suggesting reduced intraday interest.

Low ROE/ROCE: ROE at 2.81% and ROCE at 3.67% indicate poor capital efficiency.

High Valuation: P/E of 43.8 vs industry PE of 21.9 and negative PEG (-3.59) suggest overvaluation.

FII Outflow (-0.44%): Reflects cautious foreign sentiment.

Near Mid-Range: Current price (₹989) is far from both 52-week low and high, limiting breakout potential.

🎯 Trade Strategy

📌 Optimal Buy Price

₹985–₹990 (enter near current price with confirmation from price action and volume uptick)

📈 Profit-Taking Levels

Target 1: ₹1,000 (momentum extension)

Target 2: ₹1,012–₹1,020 (approaching resistance zone)

📉 Stop-Loss

₹972 (below recent support and psychological level)

⏱️ Exit Strategy if Already Holding

RSI drops below 59: Signals weakening momentum.

MACD flattens or turns negative: Indicates fading bullishness.

Price rejection at ₹1,000–₹1,012: Multiple failed attempts suggest exit.

TATACHEM offers a mildly bullish setup for intraday scalping, but weak volume and valuation caution 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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