WAAREEENER - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading analysis for WAAREEENER based on the provided parameters
IntraDay Trade Rating: 4.0
| Stock Code | WAAREEENER | Market Cap | 90,081 Cr. | Current Price | 3,132 ₹ | High / Low | 3,865 ₹ |
| Stock P/E | 22.6 | Book Value | 456 ₹ | Dividend Yield | 0.06 % | ROCE | 42.8 % |
| ROE | 35.4 % | Face Value | 10.0 ₹ | DMA 50 | 3,115 ₹ | DMA 200 | 3,032 ₹ |
| Chg in FII Hold | 0.15 % | Chg in DII Hold | 1.46 % | PAT Qtr | 934 Cr. | PAT Prev Qtr | 1,226 Cr. |
| RSI | 50.4 | MACD | -44.9 | Volume | 21,05,625 | Avg Vol 1Wk | 15,02,674 |
| Low price | 2,402 ₹ | High price | 3,865 ₹ | PEG Ratio | 0.22 | Debt to equity | 0.15 |
| 52w Index | 49.9 % | Qtr Profit Var | 60.8 % | EPS | 131 ₹ | Industry PE | 29.5 |
📈 Optimal Buy Price: 3,120 – 3,150 ₹ (near DMA 50 support)
🎯 Profit Exit Levels: 3,200 ₹ (short-term resistance), 3,250 ₹ (extended resistance)
🛑 Stop-Loss: 3,080 ₹ (below immediate support)
🔄 Intraday Exit Guidance: If already holding, consider exiting near 3,200–3,250 ₹ if RSI rises above 55 or MACD momentum remains negative. Current RSI (50.4) is neutral, while MACD (-44.9) shows bearish pressure. Volume is strong (21 lakh vs avg 15 lakh), so momentum trades are possible but require caution.
Positive
- Strong ROCE (42.8%) and ROE (35.4%) highlight excellent efficiency.
- EPS of 131 ₹ supports valuation strength.
- Price trading above DMA 200 (3,032 ₹), confirming long-term bullish trend.
- Institutional inflows (FII +0.15%, DII +1.46%) show confidence.
- PEG ratio of 0.22 indicates undervaluation relative to growth.
Limitation
- MACD negative (-44.9) reflects weak short-term momentum.
- Quarterly PAT declined (934 Cr. vs 1,226 Cr.), showing earnings pressure.
- High P/E (22.6) compared to industry average (29.5) is reasonable but momentum weakness limits upside.
- 52-week index at 49.9% reflects mid-range performance relative to peers.
Company Negative News
- No major external negative news, but declining quarterly profits remain a concern.
Company Positive News
- Strong fundamentals with high ROCE and ROE.
- Institutional inflows (DII +1.46%) provide domestic support.
- EPS strength and PEG ratio highlight growth potential.
Industry
- Industry P/E at 29.5, slightly higher than WAAREEENER’s valuation, suggesting sector premium.
- Renewable energy sector outlook remains strong with long-term demand growth.
Conclusion
⚖️ WAAREEENER is a moderately strong intraday candidate today. Fundamentals are excellent, but technicals show weak momentum with negative MACD. Best strategy is cautious entry near 3,120–3,150 ₹ with exits around 3,200–3,250 ₹. Tight stop-loss discipline is essential due to short-term weakness despite strong long-term outlook.
Would you like me to extend this into a renewable sector overlay comparing peers like Adani Green and Tata Power, or keep it strictly intraday-focused?