WAAREEENER - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | WAAREEENER | Market Cap | 89,340 Cr. | Current Price | 3,106 ₹ | High / Low | 3,865 ₹ |
| Stock P/E | 24.6 | Book Value | 391 ₹ | Dividend Yield | 0.06 % | ROCE | 34.0 % |
| ROE | 26.3 % | Face Value | 10.0 ₹ | DMA 50 | 2,872 ₹ | DMA 200 | 2,965 ₹ |
| Chg in FII Hold | 0.56 % | Chg in DII Hold | 0.04 % | PAT Qtr | 1,226 Cr. | PAT Prev Qtr | 1,160 Cr. |
| RSI | 65.5 | MACD | 22.8 | Volume | 25,31,275 | Avg Vol 1Wk | 27,37,940 |
| Low price | 1,809 ₹ | High price | 3,865 ₹ | PEG Ratio | 0.13 | Debt to equity | 0.19 |
| 52w Index | 63.1 % | Qtr Profit Var | 160 % | EPS | 119 ₹ | Industry PE | 26.2 |
📊 Analysis: WAAREEENER is trading at ₹3,106, comfortably above both 50 DMA (₹2,872) and 200 DMA (₹2,965), showing strong technical momentum. RSI (65.5) indicates bullish strength but is nearing overbought territory, while MACD (22.8) confirms positive momentum. Intraday volume (25.3 lakh) is slightly below the 1-week average (27.3 lakh), but liquidity remains healthy. Fundamentals are strong with high ROCE (34.0%), ROE (26.3%), and robust profit growth. The stock is a good candidate for intraday trading today with bullish bias.
💡 Optimal Buy Price: ₹3,085–₹3,110 if price consolidates near support.
🎯 Profit-Taking Exit Levels: ₹3,160–₹3,200 (short-term resistance zone).
🛡️ Stop-Loss Protection: ₹3,050 (below recent support).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above ₹3,150 or if RSI crosses 70 with weakening volume, signaling exhaustion. Quick profit booking is advisable near resistance zones.
✅ Positive
- Strong ROCE (34.0%) and ROE (26.3%) indicate excellent capital efficiency.
- Stock trading above both 50 DMA and 200 DMA, showing strong technical strength.
- Quarterly PAT improved to ₹1,226 Cr from ₹1,160 Cr.
- EPS of ₹119 reflects robust earnings base.
- PEG ratio of 0.13 indicates attractive growth-adjusted valuation.
⚠️ Limitation
- RSI nearing overbought levels (65.5), risk of short-term pullback.
- Dividend yield is very low (0.06%).
- Intraday volume slightly weaker than average.
📉 Company Negative News
- DII holdings increased only marginally (+0.04%).
- Stock trading below recent high of ₹3,865, showing resistance at upper levels.
📈 Company Positive News
- FII holdings increased (+0.56%).
- Quarterly profit growth (+160%) shows strong operational performance.
- Stock trading near 52-week highs, reflecting investor confidence.
🏭 Industry
- Industry PE is 26.2, close to WAAREEENER’s P/E (24.6), suggesting fair valuation.
- Renewable energy sector remains in strong growth phase with policy support.
🔎 Conclusion
WAAREEENER is a strong candidate for intraday trading today with bullish technicals and solid fundamentals. Traders may target quick gains near resistance zones with tight stop-losses. While momentum is favorable, caution is advised as RSI approaches overbought levels.