HOMEFIRST - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.7

📊 Home First Finance shows improving fundamentals and volume, but weak momentum indicators suggest cautious intraday positioning.

📈 Optimal Trade Setup

• Buy Price: Above 1,205 ₹ (confirmation above 200 DMA)
• Profit Target: 1,225 ₹ – 1,240 ₹
• Stop Loss: 1,185 ₹

📊 If Already Holding

• Exit on Weak Momentum: If price dips below 1,185 ₹ or RSI drops below 42
• Volume Watch: Exit if volume falls below 3.5 lakh and price fails to hold above 1,205 ₹
• Momentum Trigger: Hold if MACD starts converging and RSI crosses 48

✅ Positive

• Volume (4.23 lakh) is above weekly average (2.72 lakh) — strong participation
• FII holding increased by 2.80%, and DII holding surged by 6.95% — strong institutional interest
• Quarterly PAT rose from ₹105 Cr. to ₹119 Cr. — consistent earnings growth
• PEG ratio (1.11) indicates fair valuation relative to growth

⚠️ Limitation

• MACD (-8.67) and RSI (44.5) show weak momentum
• Price below 50 DMA (1,240 ₹) — short-term bearish bias
• High debt-to-equity ratio (3.79) may pressure long-term margins

🚫 Company Negative News

• Price has corrected significantly from high of ₹1,519 — potential resistance overhead

📢 Company Positive News

• Quarterly profit variation of 35.5% shows strong operational performance
• EPS of ₹44.3 and improving volume trend support bullish sentiment

🏭 Industry

• Industry PE is 17.7, while HomeFirst trades at 30.0 — premium valuation
• Housing finance sector remains active with demand driven by urban expansion and credit growth

🧾 Conclusion

• HomeFirst is a moderately favorable intraday candidate today with strong volume and institutional support
• Entry above 1,205 ₹ is viable with tight stop loss and RSI confirmation
• Monitor MACD and price action near 50 DMA for exit or continuation signals

I can also compare HomeFirst with Aavas Financiers or Can Fin Homes to help you spot stronger intraday setups in the housing finance space.