ICICIGI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | ICICIGI | Market Cap | 92,501 Cr. | Current Price | 1,857 ₹ | High / Low | 2,075 ₹ |
| Stock P/E | 33.8 | Book Value | 331 ₹ | Dividend Yield | 0.67 % | ROCE | 24.9 % |
| ROE | 18.8 % | Face Value | 10.0 ₹ | DMA 50 | 1,903 ₹ | DMA 200 | 1,912 ₹ |
| Chg in FII Hold | -0.69 % | Chg in DII Hold | 0.84 % | PAT Qtr | 659 Cr. | PAT Prev Qtr | 820 Cr. |
| RSI | 45.3 | MACD | -27.5 | Volume | 2,84,273 | Avg Vol 1Wk | 7,62,285 |
| Low price | 1,613 ₹ | High price | 2,075 ₹ | PEG Ratio | 1.33 | Debt to equity | 0.00 |
| 52w Index | 52.9 % | Qtr Profit Var | -9.06 % | EPS | 55.0 ₹ | Industry PE | 33.8 |
📊 Analysis: ICICIGI shows decent fundamentals with ROCE (24.9%) and ROE (18.8%), supported by zero debt. However, intraday momentum is weak — RSI at 45.3 indicates neutral-to-bearish sentiment, and MACD at -27.5 confirms short-term weakness. Price is trading below both 50 DMA (1,903 ₹) and 200 DMA (1,912 ₹), reflecting technical pressure. Volume is significantly lower than weekly average, suggesting reduced participation. Intraday trading is moderately favorable but requires cautious entry and strict stop-losses.
💹 Optimal Buy Price: 1,845–1,860 ₹ (near support zone).
🎯 Profit-Taking Levels: 1,880 ₹ (first target), 1,900 ₹ (second target).
🛡️ Stop-Loss: 1,830 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 1,880 ₹ or if RSI weakens below 44. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels around 1,900 ₹.
✅ Positive
- Strong ROCE (24.9%) and ROE (18.8%) highlight efficiency.
- Debt-free balance sheet ensures financial stability.
- DII holding increased by 0.84%, reflecting domestic institutional support.
- EPS of 55 ₹ supports valuation strength.
⚠️ Limitation
- Price trading below both 50 DMA and 200 DMA reflects weak technicals.
- RSI and MACD show bearish momentum.
- Volume significantly lower than weekly average may limit intraday momentum.
- Dividend yield of 0.67% is modest.
📉 Company Negative News
- FII holding decreased by -0.69%, showing reduced foreign investor confidence.
- Quarterly PAT declined from 820 Cr. to 659 Cr. (-9.06%).
📈 Company Positive News
- DII holding increased, signaling domestic support.
- Debt-free structure adds financial resilience.
🏭 Industry
- Insurance sector remains resilient with steady demand outlook.
- Industry P/E at 33.8 is equal to ICICIGI’s P/E, suggesting fair valuation.
🔎 Conclusion
ICICIGI is fundamentally stable but technically weak for intraday trading. Traders may attempt cautious scalps near support levels with strict stop-losses. Profit booking should be swift if resistance levels are tested, as upside momentum is limited by weak technical indicators and declining quarterly profits.