WAAREEENER - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 4.5

Here’s a detailed intraday analysis for Waaree Energies Ltd (WAAREEENER) based on technical indicators, price action, and volume behavior

📊 Intraday Trade Assessment

✅ Positives

Strong Momentum: MACD at 61.7 and RSI at 55.3 indicate bullish momentum with room to rise.

Price Above 50 & 200 DMA: Current price ₹3,173 is above both ₹2,982 and ₹2,682, confirming a strong uptrend.

Volume Surge: Today’s volume (~1 Cr) is nearly 3× the 1-week average (~34.6L), signaling strong participation

1

.

Fundamental Strength: ROCE (35.1%) and ROE (27.6%) are excellent; PAT growth of 89.1% is impressive.

Institutional Accumulation: FII (+1.98%) and DII (+0.40%) holdings have increased.

Low Debt (D/E 0.13): Financially sound.

PEG Ratio (0.21): Indicates undervalued growth.

⚠️ Negatives

High P/E (41.0): Slightly expensive, though justified by growth.

No Dividend Yield: Not attractive for income investors.

Price Near Resistance Zone: ₹3,173 is approaching recent highs, so breakout confirmation is needed.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹3,140–₹3,160 Entry on dip near support with bullish candle and volume confirmation. A breakout above ₹3,185 could trigger momentum

1

.

🎯 Exit Levels

Scenario Price Level (₹) Strategy

Profit Booking ₹3,225–₹3,260 Resistance zone from recent highs

Aggressive Target ₹3,300–₹3,340 If breakout sustains above ₹3,185

Stop Loss ₹3,095 Below intraday support zone

📈 If You Already Hold the Stock Today

Exit on Weakness: If price drops below ₹3,140 and MACD flattens or RSI dips below 50.

Exit on Spike: If price hits ₹3,260–₹3,300 with RSI > 60 and volume surge.

Hold Only If: Price sustains above ₹3,185 with rising volume and MACD continues upward.

🔍 Final Verdict

WAAREEENER is a strong intraday candidate today, backed by powerful momentum, institutional interest, and technical breakout potential. Ideal for momentum-based trades with disciplined stop-loss.

You can explore live charts and technicals on TradingView India

2

or dive deeper into intraday signals on TopStockResearch

1

.

Would you like a swing setup or options strategy for WAAREEENER based on this momentum?

1

www.topstockresearch.com

2

in.tradingview.com

Edit in a page