HCLTECH - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | HCLTECH | Market Cap | 3,67,892 Cr. | Current Price | 1,356 ₹ | High / Low | 1,780 ₹ |
| Stock P/E | 30.0 | Book Value | 115 ₹ | Dividend Yield | 3.98 % | ROCE | 43.1 % |
| ROE | 32.6 % | Face Value | 2.00 ₹ | DMA 50 | 1,478 ₹ | DMA 200 | 1,558 ₹ |
| Chg in FII Hold | -0.43 % | Chg in DII Hold | 0.57 % | PAT Qtr | 3,682 Cr. | PAT Prev Qtr | 2,657 Cr. |
| RSI | 37.0 | MACD | -54.2 | Volume | 26,74,372 | Avg Vol 1Wk | 27,46,688 |
| Low price | 1,276 ₹ | High price | 1,780 ₹ | PEG Ratio | 7.46 | Debt to equity | 0.03 |
| 52w Index | 15.8 % | Qtr Profit Var | 4.42 % | EPS | 42.6 ₹ | Industry PE | 20.9 |
📊 Analysis: HCLTECH is currently at ₹1,356, trading below both its 50 DMA (₹1,478) and 200 DMA (₹1,558), reflecting short-term weakness. RSI at 37 suggests oversold conditions but not yet a strong reversal. MACD remains negative (-54.2), confirming bearish momentum. Volume is slightly below the weekly average, indicating limited intraday participation.
💡 Optimal Buy Price: ₹1,340–₹1,345 if support holds.
🎯 Profit-Taking Levels: ₹1,370 (first resistance), ₹1,385 (second resistance).
🛡️ Stop-Loss: ₹1,328 (below intraday support).
⏱️ If Already Holding: Exit near ₹1,370 if momentum stalls or RSI fails to cross 40 intraday. If price breaks below ₹1,328 with volume, cut positions quickly to protect capital.
Positive
- Strong ROCE (43.1%) and ROE (32.6%) highlight efficient capital use.
- Low debt-to-equity (0.03) ensures financial stability.
- Dividend yield of 3.98% supports investor confidence.
- Quarterly PAT growth from ₹2,657 Cr. to ₹3,682 Cr. shows earnings improvement.
Limitation
- Stock P/E (30.0) is higher than industry average (20.9), making it relatively expensive.
- PEG ratio of 7.46 indicates overvaluation compared to growth.
- Trading below DMA levels signals weak trend strength.
- FII holding decreased (-0.43%), showing reduced foreign investor interest.
Company Negative News
- Weak technical momentum with RSI and MACD in bearish zones.
- Stock corrected significantly from 52-week high of ₹1,780.
Company Positive News
- Strong quarterly profit growth and consistent dividend payouts.
- DII holdings increased (+0.57%), showing domestic institutional support.
Industry
- IT sector faces global demand fluctuations but remains structurally strong.
- Industry PE at 20.9 indicates HCLTECH trades at a premium valuation.
Conclusion
⚖️ HCLTECH has strong fundamentals but weak intraday momentum. It is a cautious intraday candidate with limited upside unless volume picks up. Best suited for quick trades near support levels with strict stop-loss discipline.
Selva, since you’re benchmarking intraday setups, I can also prepare a peer overlay (Infosys, TCS, Wipro) to compare sector momentum. This would help you decide if HCLTECH is lagging or leading its IT peers today. Would you like me to generate that basket overlay next?