HDFCBANK - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | HDFCBANK | Market Cap | 14,67,641 Cr. | Current Price | 953 ₹ | High / Low | 1,020 ₹ |
| Stock P/E | 20.1 | Book Value | 350 ₹ | Dividend Yield | 1.15 % | ROCE | 7.35 % |
| ROE | 14.3 % | Face Value | 1.00 ₹ | DMA 50 | 959 ₹ | DMA 200 | 958 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | 0.93 % | PAT Qtr | 18,654 Cr. | PAT Prev Qtr | 18,641 Cr. |
| RSI | 54.0 | MACD | -8.72 | Volume | 2,55,06,437 | Avg Vol 1Wk | 3,11,01,094 |
| Low price | 831 ₹ | High price | 1,020 ₹ | PEG Ratio | 0.91 | Debt to equity | 6.28 |
| 52w Index | 64.7 % | Qtr Profit Var | 11.5 % | EPS | 47.6 ₹ | Industry PE | 15.8 |
📊 Analysis: HDFCBANK shows stable fundamentals with strong EPS (47.6 ₹) and consistent quarterly profits. However, intraday momentum is mixed — RSI at 54.0 indicates neutral strength, while MACD at -8.72 signals short-term weakness. Price is hovering near both 50 DMA (959 ₹) and 200 DMA (958 ₹), suggesting indecision. Volume is slightly below weekly average, indicating reduced participation. This makes intraday trading moderately favorable but requires caution.
💹 Optimal Buy Price: 945–955 ₹ (near support zone).
🎯 Profit-Taking Levels: 970 ₹ (first target), 985 ₹ (second target).
🛡️ Stop-Loss: 940 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 965 ₹ or if MACD continues to weaken. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels.
✅ Positive
- Strong EPS (47.6 ₹) supports long-term valuation strength.
- Quarterly PAT stable at 18,654 Cr. vs. 18,641 Cr. shows consistency.
- PEG ratio of 0.91 indicates reasonable growth valuation.
- DII holding increased by 0.93%, reflecting domestic institutional support.
⚠️ Limitation
- ROCE (7.35%) and ROE (14.3%) are relatively modest compared to peers.
- Debt-to-equity ratio of 6.28 is high, reflecting leveraged balance sheet.
- Dividend yield of 1.15% is low.
- MACD negative (-8.72) suggests short-term weakness.
📉 Company Negative News
- FII holding decreased by -0.71%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased by 0.93%, reflecting strong domestic institutional support.
- Quarterly profit variation of 11.5% shows steady earnings growth.
🏭 Industry
- Banking sector remains resilient but faces margin pressures due to interest rate cycles.
- Industry P/E at 15.8 is lower than HDFCBANK’s 20.1, suggesting premium valuation.
🔎 Conclusion
HDFCBANK is fundamentally strong but intraday trade setup is moderately favorable. Traders may attempt quick scalps near support levels with tight stop-losses. Momentum indicators suggest caution, so profit booking should be swift if resistance levels are tested.