HCLTECH - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.2

📈 HCLTECH presents a technically strong setup with bullish indicators and solid fundamentals, making it a favorable candidate for intraday trading.

🔍 Positive

• MACD at 22.7 and RSI at 58.1 indicate bullish momentum.
• Trading above 50 DMA (₹1,495) and approaching 200 DMA (₹1,564) suggests potential breakout.
• ROCE (43.1%) and ROE (32.6%) reflect excellent capital efficiency.
• Dividend yield of 3.53% adds attractive passive income potential.
• DII holding increased by 1.63%, showing strong domestic institutional support.

⚠️ Limitation

• Volume (17.19L) is below 1-week average (21.90L), indicating slightly reduced intraday interest.
• PEG ratio of 8.51 suggests overvaluation relative to growth.
• Current price still below 200 DMA (₹1,564), which may act as resistance.

📰 Company Negative News

• Quarterly PAT declined from ₹2,888 Cr. to ₹2,657 Cr., indicating earnings pressure.
• FII holding declined by 1.92%, signaling reduced foreign investor confidence.

📢 Company Positive News

• Strong fundamentals and consistent profitability continue to support long-term investor confidence.

🏭 Industry

• IT services sector benefits from global digital transformation and outsourcing demand but faces margin pressure and currency volatility.
• Industry P/E of 29.7 reflects moderate optimism across peers.

🧾 Conclusion

• HCLTECH offers a strong intraday setup with bullish indicators and institutional support.
• Ideal for momentum-based trades with tight stop loss and defined exit levels near resistance.
• Monitor RSI and MACD for signs of exhaustion or reversal near ₹1,565.

I can also track HCLTECH’s live RSI and MACD to help you time your entry or exit more precisely.