WELCORP - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.8

Welspun Corp (WELCORP) shows a moderately bullish setup for intraday trading today. Strong earnings momentum, favorable technical positioning, and improving domestic institutional interest support a short-term trade, though volume and valuation warrant caution.

📊 Intraday Trade Analysis

✅ Bullish Indicators

MACD Positive (3.60): Indicates upward momentum.

RSI at 54.0: Slightly bullish, with room to rise.

Price Above DMA50 & DMA200: ₹895 > ₹882 (50-DMA) and ₹825 (200-DMA), confirming trend strength.

Quarterly PAT Growth: ₹150 Cr → ₹214 Cr (↑ 42.7%) — strong earnings momentum.

ROCE (18.2%) & ROE (13.5%): Solid operational efficiency.

Low Debt-to-Equity (0.10): Financially stable.

DII Holding Increased: Domestic institutions showing confidence.

⚠️ Cautionary Factors

Volume Below Average: Current volume (2.44 lakh) is ~61% lower than 1-week average — intraday interest is weak.

High PEG Ratio (14.9): Indicates expensive growth.

P/E (37.5) vs Industry PE (24.0): Valuation is stretched.

FII Holding Slightly Down: Foreign sentiment neutral to weak.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹888–₹895

Preferably on dips with volume >3 lakh and RSI holding above 54.

💰 Profit-Taking Levels

Target 1: ₹910

Target 2: ₹920–₹925

If momentum sustains and price breaks above ₹910 with volume support.

🛡️ Stop-Loss

Exit Below: ₹878

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 2 lakh: Signals weakening interest.

Price Rejection at ₹910–₹920: If price fails to break this zone, consider exiting.

RSI Falls Below 52: Confirms momentum reversal.

WELCORP is suitable for cautious intraday scalping today, especially if volume picks up and price action confirms strength. Let me know if you'd like to compare it with peers like Jindal SAW or Ratnamani Metals for sector rotation.

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