WAAREEENER - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.4

Waaree Energies Ltd. (WAAREEENER) presents a strong setup for intraday trading today, backed by robust fundamentals, bullish technical indicators, and institutional accumulation. While volume is slightly below average, the momentum and price action favor a breakout or continuation trade.

📊 Intraday Trade Analysis

✅ Bullish Indicators

MACD Strongly Positive (120): Indicates powerful upward momentum.

RSI at 57.7: Bullish zone, with room to rise before overbought territory.

Price Above DMA50 & DMA200: ₹3,500 > ₹3,225 (50-DMA) and ₹2,851 (200-DMA), confirming trend strength.

ROCE (34.0%) & ROE (26.3%): Exceptional operational efficiency.

Quarterly PAT Growth: From ₹581 Cr to ₹660 Cr — a 13.6% increase.

FII & DII Holding Increased: Strong institutional support.

Low Debt-to-Equity (0.11): Financially sound.

PEG Ratio (0.25): Attractive growth valuation.

⚠️ Cautionary Factors

Volume Below Average: Current volume (22.45 lakh) is ~33% lower than 1-week average — monitor for pickup.

High P/E (48.6) vs Industry PE (41.4): Slightly stretched valuation.

No Dividend Yield: No income cushion for investors.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹3,480–₹3,500

Preferably on dips with volume >25 lakh and RSI holding above 58.

💰 Profit-Taking Levels

Target 1: ₹3,540

Target 2: ₹3,580–₹3,600

If momentum sustains and price breaks above ₹3,540 with volume support.

🛡️ Stop-Loss

Exit Below: ₹3,460

A break below this level signals loss of intraday strength.

🕒 If Already Holding Today

📌 Exit Triggers

MACD Histogram Shrinks: Indicates fading momentum.

Volume Drops Below 20 lakh: Signals weakening interest.

Price Rejection at ₹3,540–₹3,580: If price fails to break this zone, consider exiting.

RSI Falls Below 55: Confirms momentum reversal.

WAAREEENER is a strong candidate for intraday breakout or continuation play today. If you'd like to track this live or compare it with peers like Adani Green or Borosil Renewables, I can help with that too.

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