RENUKA - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 2.8

📉 Swing Trade Analysis for RENUKA

RENUKA shows signs of short-term momentum but is fundamentally weak, making it a high-risk candidate for swing trading.

✅ Technical Positives

Momentum Indicators: RSI at 60.2 and MACD at 0.41 suggest mild bullish momentum.

Volume Surge: Current volume is over 3x the weekly average, indicating strong speculative interest.

Price Above 50 DMA: Trading above the 50 DMA (₹30.8) shows short-term strength.

⚠️ Fundamental Concerns

Negative Book Value (-₹1.83): Indicates balance sheet stress.

Loss-Making Quarter: PAT dropped to -₹215 Cr. from ₹54.4 Cr., a steep decline.

Negative EPS (-₹1.58): Reflects poor earnings performance.

No Dividend Yield: Offers no income cushion.

Institutional Pullback: FII holdings declined (-0.09%), and DII change is negligible.

Unclear Valuation: Missing P/E and PEG ratios make valuation assessment difficult.

Low 52w Index (22.8%): Indicates weak price performance over the year.

🎯 Optimal Entry Price

Entry Zone: ₹30.0–₹31.0

A pullback near the 50 DMA offers a lower-risk entry if momentum sustains.

🚪 Exit Strategy (If Already Holding)

Target Exit: ₹35–₹38

A reasonable upside before hitting resistance zones.

Stop-Loss: ₹29

Below the 50 DMA to protect against reversal.

🧠 Final Thought

RENUKA is a speculative swing trade with technical momentum but poor fundamentals. Suitable only for short-term traders with tight risk controls. Avoid if seeking stability or earnings-backed moves.

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