HOMEFIRST - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Rating: 2.7

Home First Finance Company (HOMEFIRST) shows a weak setup for intraday trading today. While fundamentals are decent, technical indicators and price action suggest caution. Here's the full breakdown

📉 Technical Overview

RSI (33.6): Near oversold territory, but not yet signaling a strong reversal.

MACD (-17.6): Bearish momentum persists.

Volume (6.53L vs Avg 7.18L): Slightly below average, indicating muted intraday interest.

Price below 50 DMA (1,311 ₹): Short-term bearish bias.

VWAP (approx 1,203 ₹): Price hovering below VWAP, suggesting weakness.

📈 If You're Looking to Enter Today

Optimal Buy Price: Only consider entry above 1,203 ₹ with volume confirmation and MACD flattening.

Profit Target: 1,218–1,235 ₹ (minor resistance zones).

Stop Loss: 1,185 ₹ (recent support level).

🕒 If You're Already Holding Today

Exit Strategy

If price fails to reclaim VWAP (1,203 ₹), consider exiting.

If price drops below 1,185 ₹, bearish momentum may accelerate—exit to protect capital.

Watch for RSI rising above 38 or MACD crossover for signs of recovery.

🧠 Fundamental Highlights

Strong Q-o-Q PAT growth (35.5%) and rising institutional interest (FII +1.19%, DII +2.07%).

PEG Ratio (1.11) suggests reasonable valuation for growth.

High debt-to-equity (3.79) may limit flexibility.

EPS (44.3 ₹) and P/E (30.0) are fair, but below industry leaders.

Would you like me to scan similar housing finance stocks with stronger intraday setups? Or help you build a watchlist for next week’s trades?

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