WELCORP - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:04 am

IntraDay Trade Rating: 3.0

📊 Analysis: WELCORP is trading at 783 ₹, well below DMA 50 (851 ₹) and DMA 200 (841 ₹), indicating bearish short-term momentum. RSI at 30.6 shows oversold conditions, while MACD negative (-24.5) confirms continued weakness. Intraday volume (4,19,084) is slightly below weekly average (4,60,188), suggesting limited participation. Despite strong quarterly PAT growth (+114%), technical signals remain weak. Overall, WELCORP is a cautious candidate for intraday trading, with potential for a minor bounce but risk of further downside.

💰 Optimal Buy Price: 778–783 ₹ (near current support zone).

📈 Profit-Taking Levels: 795–800 ₹ (first resistance), 815–820 ₹ (second resistance).

⚠️ Stop-Loss: 770 ₹ (below recent support).

⏱️ If Already Holding: Exit intraday if price fails to sustain above 785 ₹ or if RSI remains below 32 with MACD continuing negative. Weak volume and inability to cross 795 ₹ should trigger exit to protect capital.

Positive

• ✅ Strong quarterly PAT growth (+114%) from 214 Cr. to 231 Cr.
• ✅ EPS of 47.2 ₹ reflects solid earnings base.
• ✅ ROCE (18.2%) and ROE (13.5%) indicate decent capital efficiency.
• ✅ Dividend yield of 0.64% provides shareholder returns.

Limitation

• ⚠️ Current price below DMA 50 and DMA 200 confirms bearish trend.
• ⚠️ RSI at 30.6 and negative MACD (-24.5) show weak momentum.
• ⚠️ PEG ratio of 10.9 indicates expensive growth.
• ⚠️ Debt-to-equity ratio of 0.21 adds moderate leverage risk.

Company Negative News

• 📉 Decline in FII holding (-0.34%) shows reduced foreign investor confidence.

Company Positive News

• 📈 DII holdings increased (+0.17%), reflecting domestic institutional support.
• 📈 PAT growth (+114%) quarter-on-quarter highlights strong operational performance.

Industry

• 🏭 Industry P/E at 20.6 is lower than company’s P/E (27.4), showing sector is relatively cheaper.
• 🏭 Metals & infrastructure sector remains cyclical, with valuations stretched in mid-cap players.

Conclusion

📌 WELCORP is a cautious candidate for intraday trading with weak momentum but improving fundamentals. Buy near 778–783 ₹ with profit targets at 795–800 ₹ and 815–820 ₹. Maintain strict stop-loss at 770 ₹. If already holding, exit on failure to sustain above 785 ₹ or if RSI/MACD momentum weakens.

Would you like me to extend this into a peer benchmarking overlay so you can compare WELCORP against other metals & infrastructure peers for intraday confirmation, or keep the focus on single-stock execution logic?