SYRMA - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.7

📉 Current Price: ₹783

📊 Optimal Entry Price: ₹765–775 (slightly below 50 DMA and RSI support zone)

📈 Suggested Exit (if holding): ₹840–860 (approaching recent resistance zone)

🔷 Positive

• 📈 DII Buying: Domestic institutional holding surged by 7.23%
• 📉 Low Debt: Debt-to-equity ratio of 0.36 indicates manageable leverage
• 📈 Strong EPS Growth: EPS at ₹5.83 with 880% quarterly profit variation
• 📊 Above 200 DMA: Price trading above 200 DMA (₹658), indicating long-term strength
• 📈 FII Interest: Foreign institutional holding increased by 0.68%

⚠️ Limitation

• 📉 MACD Negative: -2.04 signals short-term bearish momentum
• 📉 RSI at 46.5: Neutral zone, lacks strong directional signal
• 📉 High P/E: 143 vs industry average of 35.4 suggests overvaluation
• 📉 Elevated PEG Ratio: 4.78 implies expensive valuation relative to growth
• 📉 Weak ROCE & ROE: ROCE at 6.34% and ROE at 4.54% are below ideal levels
• 📉 Volume Weakness: Current volume (6.93L) below 1-week average (11.84L)

🚫 Company Negative News

• 📉 Quarterly PAT Decline: Profit fell from ₹32.2 Cr to ₹26.8 Cr QoQ

✅ Company Positive News

• 🔌 Electronics Expansion: Continued growth in EMS and semiconductor packaging segments
• 📈 Strong Institutional Support: Combined FII and DII buying signals confidence

🏭 Industry

• 💻 Electronics Manufacturing Sector: Benefiting from domestic production incentives and global outsourcing
• 📉 Valuation Risk: Sector trading at elevated multiples amid margin pressures

🧾 Conclusion

SYRMA presents a moderate swing trade setup with strong institutional interest and long-term technical support. However, valuation concerns and short-term momentum weakness suggest caution. Entry near ₹765–775 is ideal, with exit near ₹840–860. Monitor MACD and RSI for confirmation before initiating trades.

I can chart SYRMA’s price action with support and resistance zones to help you time your trade more precisely.