Cemindia Projects (NSE: CEMPRO) has been one of the strongest momentum stocks in the infrastructure and EPC space. However, after a sharp rally from its 52-week lows, the stock has become more volatile, making confirmation-based intraday trading important.
Best Intraday Stock in Most of All days Momentum happens. Buy every dip to Bullish Momentum
Why Cemindia Projects Is on Traders’ Radar
Cemindia Projects has been attracting traders due to its improving price momentum, rising trading volumes, and positive sentiment in the infrastructure and EPC sector. The stock has shown the ability to make higher highs and higher lows, a sign that buyers remain active.
Intraday Trading View
Bullish only if:
- ✅ Price sustains above the opening range high.
- ✅ Volume is above the 20-day average.
- ✅ Price trades above the VWAP.
- ✅ RSI remains above 60 on the 15-minute chart.
- ✅ Higher High–Higher Low structure is intact.
Intraday Levels
| Indicator | View |
|---|---|
| Trend | Bullish to Neutral |
| RSI | Around 60+ (Positive) |
| Momentum | Positive, but watch for profit booking |
| Support | Day’s low / VWAP |
| Resistance | Recent intraday high |
Technical indicators currently present a mixed picture: momentum remains constructive, but some indicators still reflect caution after the recent rally.
Best Intraday Strategy
- 📈 Buy only after a breakout above the day’s resistance with strong volume.
- 📊 Use VWAP as the key support for intraday trades.
- 🛑 Keep a stop-loss below VWAP or the most recent swing low.
- 🎯 Book partial profits at the next resistance instead of expecting an uninterrupted move.
Why Traders Are Watching It
- Strong order book and improving financial performance.
- Significant price momentum over recent months.
- Healthy institutional interest.
- Active trading volumes compared with its historical averages.