INOXINDIA - Swing Trade Analysis

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

Swing Trade Rating: 3.7

⚙️ Technical Picture

Price Action: Trading at ₹1,176, just below the 50 DMA (₹1,193) but above the 200 DMA (₹1,125) — setup is neutral but leaning slightly bearish.

RSI (38.7): Near oversold zone — potential for a bounce if broader momentum improves.

MACD (–3.90): Negative slope — current trend favors caution.

Volume: Only ~39% of 1-week average — low liquidity limits swing momentum.

📊 Fundamentals Overview

Valuation

P/E (48.3) vs Industry PE (30.7) → rich valuation.

PEG (2.47) → price stretched relative to growth rate.

Efficiency & Profitability

ROCE (38.0%) & ROE (29.0%) → standout metrics among peers.

EPS (₹24.9) supports strong earnings fundamentals.

Debt to Equity (0.05) → minimal leverage, increases stability.

Profit Growth: Qtr-on-Qtr jump of ~48.6% — bullish indicator.

🔁 Ownership Activity

FII Change (+0.09%) & DII Change (+0.42%): Light accumulation from institutions — subtle vote of confidence.

🎯 Trading Strategy

📥 Optimal Entry: Look for a dip toward ₹1,150–₹1,160. This zone is close to recent support and could be an entry opportunity if RSI rises above 42 and MACD flattens.

📤 Exit Plan: Target ₹1,215–₹1,225 range for profit booking. If RSI approaches 60 or MACD turns positive with a bullish crossover, ride momentum a bit longer — but beware of resistance near ₹1,250.

🧠 Final Take

INOXINDIA isn't firing on all technical cylinders just yet, but its strong profitability and low debt make it a worthy candidate to track. The chart points to stabilization and a potential short-term bounce — good for a cautious, tight-stop swing.

Want help scanning industrial peers that show stronger volume and trend signals? I've got a few contenders ready to go.

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