HDFCBANK - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | HDFCBANK | Market Cap | 12,96,700 Cr. | Current Price | 843 ₹ | High / Low | 1,020 ₹ |
| Stock P/E | 17.8 | Book Value | 350 ₹ | Dividend Yield | 1.30 % | ROCE | 7.35 % |
| ROE | 14.3 % | Face Value | 1.00 ₹ | DMA 50 | 904 ₹ | DMA 200 | 940 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | 0.93 % | PAT Qtr | 18,654 Cr. | PAT Prev Qtr | 18,641 Cr. |
| RSI | 36.2 | MACD | -24.4 | Volume | 2,46,08,133 | Avg Vol 1Wk | 4,19,21,684 |
| Low price | 812 ₹ | High price | 1,020 ₹ | PEG Ratio | 0.80 | Debt to equity | 6.28 |
| 52w Index | 14.8 % | Qtr Profit Var | 11.5 % | EPS | 47.6 ₹ | Industry PE | 14.8 |
📊 Analysis: HDFCBANK is trading at ₹843, below both its 50 DMA (₹904) and 200 DMA (₹940), reflecting short-term weakness. RSI at 36.2 indicates oversold conditions but not yet a strong reversal. MACD remains negative (-24.4), confirming bearish momentum. Current volume (2.46 Cr.) is significantly lower than the weekly average (4.19 Cr.), showing reduced intraday participation.
💡 Optimal Buy Price: ₹835–₹840 if support holds.
🎯 Profit-Taking Levels: ₹860 (first resistance), ₹875 (second resistance).
🛡️ Stop-Loss: ₹825 (below intraday support).
⏱️ If Already Holding: Exit near ₹860 if momentum stalls or RSI fails to cross 40 intraday. If price breaks below ₹825 with volume, cut positions quickly to protect capital.
Positive
- Strong market cap of ₹12,96,700 Cr. ensures stability.
- PEG ratio of 0.80 indicates attractive valuation relative to growth.
- Quarterly PAT stable at ₹18,654 Cr., showing consistent earnings.
- DII holdings increased (+0.93%), reflecting domestic institutional confidence.
Limitation
- ROCE (7.35%) is relatively weak compared to peers.
- Trading below DMA levels signals weak trend strength.
- FII holding decreased (-0.71%), showing reduced foreign investor interest.
- Dividend yield of 1.30% is modest.
Company Negative News
- Weak technical momentum with RSI and MACD in bearish zones.
- Stock corrected significantly from 52-week high of ₹1,020.
Company Positive News
- Quarterly profit variation of 11.5% indicates steady growth.
- EPS of ₹47.6 supports long-term valuation strength.
Industry
- Banking sector remains under pressure due to credit growth concerns but is structurally strong.
- Industry PE at 14.8 indicates HDFCBANK trades at a slight premium (P/E 17.8).
Conclusion
⚖️ HDFCBANK has strong fundamentals and attractive valuation but weak intraday momentum. It is a cautious intraday candidate with limited upside unless volume improves. Best suited for quick trades near support levels with strict stop-loss discipline.
Selva, since you’re benchmarking intraday setups, I can prepare a peer overlay (ICICI Bank, Axis Bank, Kotak Bank) to compare sector momentum. That way, you’ll know if HDFCBANK is lagging or leading its banking peers today. Would you like me to generate that basket overlay next?