WESTLIFE - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating: 2.4

Westlife Foodworld Ltd (WESTLIFE) is not a strong candidate for intraday trading today. The stock is showing bearish momentum, weak volume, and poor short-term technical strength.

🔍 Intraday Analysis Summary

❌ Bearish Indicators

MACD: Bearish at -0.68, indicating downward momentum

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Volume: Current volume (24.2K) is significantly below average (1.43L), showing low participation

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RSI: At 29.57, in oversold territory, but not yet reversing

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CCI & Williams %R: Deeply bearish, suggesting continued weakness

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Momentum Oscillator: Negative (-4.60), confirming lack of strength

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Trading Below All SMAs & EMAs: Indicates persistent bearish bias

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High P/E (922) and PEG (25.2): Valuation is extremely stretched

⚠️ Mild Bullish Signals

Stochastic Oscillators: %K and %D show early bullish signs, but not confirmed

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Ultimate Oscillator: Bullish at 55.38, hinting at possible short-term bounce

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Support Zone: Price near strong pivot at ₹750.4, which may act as a bounce level

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💡 Intraday Strategy

📈 If You're Entering Fresh Today

Avoid entry unless price shows strong reversal with volume surge.

Optimal Buy Price: ₹748–₹752 (only if RSI crosses 35 and MACD flattens)

Profit Target Levels

First Target: ₹759

Second Target: ₹765 (if momentum improves)

Stop Loss: ₹740 (below pivot and recent low)

📉 If You're Already Holding

Exit on Weakness

If price breaks below ₹748 with low volume and MACD remains negative, consider exiting.

RSI below 30 and continued bearish CCI/Williams %R confirm weakness.

Exit on Strength

If price crosses ₹759 with volume spike and RSI > 50, consider partial profit booking.

Full exit near ₹765 if momentum fades.

🧠 Final Thoughts

WESTLIFE is technically weak for intraday trading today. Unless a clear reversal emerges, it's better to avoid fresh positions. If you're holding, monitor ₹748–₹759 closely for exit signals.

Want me to scan for stronger intraday setups based on volume and trend strength?

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