ITC - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating for ITC: 3.1

ITC may tempt value-focused swing traders with its strong fundamentals and reliable dividend yield, but today's intraday chart looks more sluggish than sprightly. It’s oversold, low on momentum, and struggling beneath key moving averages — not ideal for active short-term trades unless a bounce pattern forms.

⚙️ Technical Pulse Check

Current Price ₹408 < DMA 50 (₹418) and DMA 200 (₹425) → points to persistent bearish sentiment.

RSI (35.3) → oversold edge, suggests potential for bounce but no confirmation yet.

MACD (-2.22) → bearish crossover intact; momentum still fading.

Volume (71.9L) < 1W Avg (87.8L) → thinner participation, weak volatility profile.

🧮 Fundamental Scorecard

Metric Value Insight

ROCE / ROE 36.8% / 27.3% Excellent capital efficiency

Debt/Equity 0.00 Zero debt — rock-solid structure

Dividend Yield 3.51% High passive income appeal

EPS ₹27.8 Strong earning power

Industry P/E 42.1 ITC’s P/E (25.9) suggests value

PAT Qtr Growth +8.4% Q/Q Solid but not explosive

ITC shines fundamentally — great for long-term, but intraday setups need price momentum, which it lacks at present.

🎯 Intraday Trading Plan

💡 If Entering Fresh Today

Buy Price Zone: ₹406 – ₹408 (only on bullish 5-min candle + volume rise)

Profit Booking Zones: ₹412 → ₹416

Stop Loss: ₹403

🔐 If Already Holding Today

Exit Strategy

Upside Exit: ₹412–₹416 → consider partial or full exit if price pauses near resistance with shrinking volume.

Downside Exit: ₹403 breach with volume → trigger stop loss.

Trailing Stop: ₹406

If price flatlines near ₹410 without volume lift, consider trimming exposure.

🧠 Final Take

ITC isn’t flashing urgency today. With flat volume and weak momentum, intraday positions need tight discipline and modest expectations. Its value lies more in predictability than volatility — so unless a breakout structure forms, it’s better held lightly.

If you're looking to rotate into faster-moving consumer or FMCG names for a sharper intraday edge, I’ve got some candidates in mind. Say the word and I’ll pull them up. 🔍💼

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