ICICIGI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | ICICIGI | Market Cap | 91,317 Cr. | Current Price | 1,830 ₹ | High / Low | 2,075 ₹ |
| Stock P/E | 33.4 | Book Value | 331 ₹ | Dividend Yield | 0.68 % | ROCE | 24.9 % |
| ROE | 18.8 % | Face Value | 10.0 ₹ | DMA 50 | 1,893 ₹ | DMA 200 | 1,908 ₹ |
| Chg in FII Hold | -0.69 % | Chg in DII Hold | 0.84 % | PAT Qtr | 659 Cr. | PAT Prev Qtr | 820 Cr. |
| RSI | 38.3 | MACD | -16.2 | Volume | 9,82,498 | Avg Vol 1Wk | 6,74,809 |
| Low price | 1,660 ₹ | High price | 2,075 ₹ | PEG Ratio | 1.31 | Debt to equity | 0.00 |
| 52w Index | 41.0 % | Qtr Profit Var | -9.06 % | EPS | 55.0 ₹ | Industry PE | 33.4 |
📊 Analysis: ICICIGI is trading at ₹1,830, below both its 50 DMA (₹1,893) and 200 DMA (₹1,908), reflecting short-term weakness. RSI at 38.3 indicates oversold conditions, while MACD (-16.2) remains negative, confirming bearish bias. Current volume (9.8 Lakh) is higher than the weekly average (6.7 Lakh), showing strong intraday participation. Valuation is expensive with a P/E of 33.4, equal to industry PE, but quarterly profit has declined.
💡 Optimal Buy Price: ₹1,820–₹1,825 if support holds.
🎯 Profit-Taking Levels: ₹1,850 (first resistance), ₹1,875 (second resistance).
🛡️ Stop-Loss: ₹1,805 (below intraday support).
⏱️ If Already Holding: Exit near ₹1,850 if momentum stalls or RSI fails to cross 42 intraday. If price breaks below ₹1,805 with volume, cut positions quickly to protect capital.
Positive
- Strong ROCE (24.9%) and ROE (18.8%) highlight efficient capital use.
- EPS of ₹55.0 supports valuation strength.
- PEG ratio of 1.31 indicates reasonable valuation relative to growth.
- DII holdings increased (+0.84%), showing domestic institutional confidence.
- Debt-to-equity ratio of 0.00 ensures financial stability.
Limitation
- Trading below DMA levels signals weak trend strength.
- FII holding decreased (-0.69%), showing reduced foreign investor interest.
- Quarterly PAT dropped from ₹820 Cr. to ₹659 Cr., showing earnings pressure.
- Dividend yield of 0.68% is modest.
Company Negative News
- MACD remains negative, showing bearish momentum.
- Stock corrected from 52-week high of ₹2,075 to current levels.
Company Positive News
- Quarterly profit variation of -9.06% is modest compared to sector volatility.
- Volume today is higher than weekly average, showing active intraday participation.
Industry
- Insurance sector benefits from rising demand in health and general coverage.
- Industry PE at 33.4 indicates ICICIGI trades at fair valuation compared to peers.
Conclusion
⚖️ ICICIGI has strong fundamentals and institutional support but weak intraday momentum. It is a cautious intraday candidate with limited upside unless RSI strengthens and MACD turns positive. Best suited for speculative quick trades near support levels with strict stop-loss discipline.
Selva, this one looks like a premium insurance play with strong fundamentals but weak intraday signals. If you’d like, I can prepare a peer benchmarking overlay (HDFC Life, SBI Life, ICICI Prudential) to compare intraday strength across the insurance basket. That way, you’ll know if ICICIGI is lagging or leading its sector peers today. Would you like me to generate that comparison?