ITC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | ITC | Market Cap | 3,93,168 Cr. | Current Price | 314 ₹ | High / Low | 456 ₹ |
| Stock P/E | 19.5 | Book Value | 54.7 ₹ | Dividend Yield | 4.57 % | ROCE | 36.9 % |
| ROE | 27.9 % | Face Value | 1.00 ₹ | DMA 50 | 357 ₹ | DMA 200 | 395 ₹ |
| Chg in FII Hold | -1.28 % | Chg in DII Hold | 1.49 % | PAT Qtr | 5,297 Cr. | PAT Prev Qtr | 5,113 Cr. |
| RSI | 26.7 | MACD | -15.6 | Volume | 1,21,08,742 | Avg Vol 1Wk | 3,05,93,182 |
| Low price | 302 ₹ | High price | 456 ₹ | PEG Ratio | 2.11 | Debt to equity | 0.00 |
| 52w Index | 7.70 % | Qtr Profit Var | 5.59 % | EPS | 27.8 ₹ | Industry PE | 46.9 |
📈 Optimal Buy Price: 310–314 ₹ (near current support, cautious entry)
💰 Profit-Taking Levels: 322–325 ₹ (short-term resistance zone)
🛡️ Stop-Loss: 305 ₹ (below immediate support)
⏳ Exit Strategy if Already Holding: Exit if price fails to sustain above 314 ₹ with weakening volume or if RSI drops further below 26. Hold until 322–325 ₹ only if intraday momentum improves and volume strengthens.
Positive
- Strong fundamentals with ROCE at 36.9% and ROE at 27.9%.
- Debt-free balance sheet (Debt-to-equity ratio 0.00).
- Dividend yield of 4.57% provides consistent shareholder returns.
- Quarterly PAT improved from 5,113 Cr. to 5,297 Cr., showing earnings growth.
- DII holdings increased (+1.49%), reflecting domestic institutional support.
Limitation
- RSI at 26.7 indicates oversold conditions and weak momentum.
- MACD at -15.6 shows bearish crossover, signaling downward pressure.
- Current price (314 ₹) is well below 50 DMA (357 ₹) and 200 DMA (395 ₹), reflecting short-term weakness.
- Trading volume (1.21 Cr) is lower than 1-week average (3.05 Cr), showing reduced intraday participation.
- PEG ratio of 2.11 suggests expensive valuation relative to growth.
Company Negative News
- FII holdings declined (-1.28%), indicating reduced foreign investor confidence.
- Stock trading far below 52-week high (456 ₹), showing limited momentum.
Company Positive News
- Quarterly profit growth (+5.59%) supports investor sentiment.
- DII inflows provide stability despite FII outflows.
- Strong dividend yield enhances attractiveness for long-term investors.
Industry
- Industry PE at 46.9 vs stock PE of 19.5 shows ITC trading at a discount.
- FMCG and diversified sector remains resilient but cyclical in demand patterns.
Conclusion
⚡ ITC shows weak intraday potential today due to oversold RSI, bearish MACD, and price trading below key moving averages. While fundamentals and dividend yield are strong, momentum indicators suggest caution. Buy only near 310–314 ₹ with tight stop-loss at 305 ₹, target 322–325 ₹ for profit-taking. If already holding, exit if price weakens below 314 ₹ or RSI slips further under 26.