INDIGO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | INDIGO | Market Cap | 1,91,658 Cr. | Current Price | 4,957 ₹ | High / Low | 6,232 ₹ |
| Stock P/E | 42.3 | Book Value | 220 ₹ | Dividend Yield | 0.20 % | ROCE | 17.3 % |
| ROE | 104 % | Face Value | 10.0 ₹ | DMA 50 | 5,037 ₹ | DMA 200 | 5,267 ₹ |
| Chg in FII Hold | -3.45 % | Chg in DII Hold | 3.50 % | PAT Qtr | 1,912 Cr. | PAT Prev Qtr | -2,614 Cr. |
| RSI | 54.2 | MACD | -75.6 | Volume | 10,59,788 | Avg Vol 1Wk | 15,85,726 |
| Low price | 4,158 ₹ | High price | 6,232 ₹ | PEG Ratio | 0.99 | Debt to equity | 8.83 |
| 52w Index | 38.5 % | Qtr Profit Var | -21.7 % | EPS | 83.7 ₹ | Industry PE | 18.0 |
📊 Analysis: INDIGO is trading at ₹4,957, below both its 50 DMA (₹5,037) and 200 DMA (₹5,267), reflecting short-term weakness. RSI at 54.2 indicates neutral momentum, while MACD at -75.6 signals bearish undertone. Current volume is lower than the 1-week average, suggesting reduced intraday participation. Despite strong fundamentals (ROE 104%, PAT turnaround from loss to profit), high debt-to-equity (8.83) and elevated P/E (42.3 vs industry 18.0) limit upside potential in intraday trades.
💡 Optimal Buy Price: ₹4,940–₹4,960 (near current support zone).
🎯 Profit-Taking Levels: ₹5,020–₹5,050 (short-term resistance).
🛡️ Stop-Loss: ₹4,900 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹4,950 with weakening momentum or if volume continues to decline. If intraday rebound occurs, consider booking profits around ₹5,020–₹5,050. Avoid holding beyond resistance unless strong breakout signals appear.
✅ Positive
- Strong ROE of 104% and ROCE of 17.3% indicate operational efficiency.
- PAT turnaround (₹1,912 Cr vs -₹2,614 Cr) shows recovery.
- DII holdings increased (+3.50%), reflecting domestic institutional confidence.
- PEG ratio of 0.99 suggests fair valuation relative to growth.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA.
- MACD negative (-75.6), signaling bearish momentum.
- High debt-to-equity ratio (8.83) raises financial risk.
- Elevated P/E of 42.3 compared to industry PE of 18.0.
- Volume lower than 1-week average, reducing intraday strength.
📉 Company Negative News
- Quarterly profit variation shows -21.7%, indicating earnings volatility.
- FII holdings decreased (-3.45%), showing reduced foreign investor confidence.
- Stock corrected from 52-week high of ₹6,232 to current ₹4,957.
📈 Company Positive News
- Strong EPS of ₹83.7 reflects earnings capability.
- Profit turnaround from losses in previous quarter.
- Domestic institutions increasing stake, supporting stability.
🏭 Industry
- Industry PE at 18.0 is much lower than INDIGO’s PE, highlighting overvaluation.
- Aviation sector remains cyclical but benefits from rising travel demand.
🔎 Conclusion
INDIGO shows strong fundamentals but weak technicals in the short term. For intraday trading, cautious buying near support with tight stop-loss is advisable. Quick profit booking around resistance levels is optimal, as momentum indicators remain bearish. The stock is better suited for tactical trades rather than aggressive intraday positions.