ABBOTINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | ABBOTINDIA | Market Cap | 56,509 Cr. | Current Price | 26,515 ₹ | High / Low | 37,000 ₹ |
| Stock P/E | 37.1 | Book Value | 1,888 ₹ | Dividend Yield | 1.79 % | ROCE | 46.2 % |
| ROE | 35.7 % | Face Value | 10.0 ₹ | DMA 50 | 27,214 ₹ | DMA 200 | 28,872 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | -0.11 % | PAT Qtr | 376 Cr. | PAT Prev Qtr | 415 Cr. |
| RSI | 44.5 | MACD | -137 | Volume | 10,670 | Avg Vol 1Wk | 8,728 |
| Low price | 26,000 ₹ | High price | 37,000 ₹ | PEG Ratio | 1.77 | Debt to equity | 0.05 |
| 52w Index | 4.68 % | Qtr Profit Var | 4.21 % | EPS | 717 ₹ | Industry PE | 27.2 |
📊 Analysis: ABBOTINDIA shows moderate strength for intraday trading. RSI at 44.5 indicates neutral momentum, while MACD (-137) is negative, suggesting short-term bearish sentiment. Current price (₹26,515) is below both 50 DMA (₹27,214) and 200 DMA (₹28,872), showing weakness. Volume today (10,670) is slightly above average (8,728), indicating decent participation. Fundamentals remain strong with high ROCE (46.2%) and ROE (35.7%), though quarterly profit declined slightly (-4.21%).
💰 Optimal Buy Price: Entry near ₹26,400–₹26,500 if support holds.
📈 Profit Exit Levels: ₹26,800–₹27,000 (short-term resistance).
📉 Stop-Loss: ₹26,200 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹26,600 or if momentum indicators remain negative with weakening volume. Consider partial profit booking near ₹26,800 resistance.
Positive
- Strong market cap of ₹56,509 Cr.
- High ROCE (46.2%) and ROE (35.7%) indicate strong fundamentals.
- EPS of ₹717 is robust.
- Dividend yield of 1.79% adds stability.
Limitation
- Current price below both 50 DMA and 200 DMA.
- MACD indicates bearish momentum.
- Quarterly profit declined slightly.
Company Negative News
- DII holding decreased (-0.11%).
- Quarterly PAT fell from ₹415 Cr. to ₹376 Cr.
Company Positive News
- FII holding increased slightly (+0.03%).
- Strong fundamentals with consistent profitability.
Industry
- Industry P/E is 27.2, lower than ABBOTINDIA’s P/E of 37.1, indicating premium valuation.
- Pharma sector sentiment remains steady with defensive demand outlook.
Conclusion
✅ ABBOTINDIA is a moderately good intraday candidate today. Strong fundamentals support stability, but technical indicators show short-term weakness. Traders can consider entries near support with strict stop-losses and aim for short-term resistance levels for profit booking.