NH - IntraDay Trade Analysis

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

IntraDay Trade Rating: 4.1

📈 Intraday Trading Analysis for NH (Narayana Hrudayalaya)

NH shows a technically strong and fundamentally sound setup for intraday trading today, with bullish momentum indicators and favorable price action near breakout zones.

✅ Bullish Indicators

Technical Momentum

RSI (52.1): Neutral-to-bullish zone — room for upside.

MACD (11.7): Strong positive crossover — momentum building.

Price > 50-DMA (₹1,920) & 200-DMA (₹1,640): Bullish trend confirmation.

Valuation & Growth

PEG Ratio (1.61): Reasonable for a high-growth healthcare stock.

EPS ₹38.7 vs P/E 50.9: Premium valuation justified by earnings.

Industry PE (69.2): NH trades below sector average — relatively attractive.

Fundamentals

ROE (24.5%) & ROCE (20.6%): Excellent efficiency.

Debt-to-Equity (0.67): Moderate leverage.

Qtr Profit Growth: ₹203 Cr vs ₹194 Cr — consistent performance.

FII Holding ↑ (+0.80%): Institutional buying interest.

⚠️ Minor Risks

Volume (2.15 Lakh) < Avg Vol (2.62 Lakh): Needs stronger participation.

High P/E (50.9): Premium valuation — sensitive to sentiment.

DII Holding ↓ (-0.43%): Mild domestic selling.

🔹 Intraday Strategy

📌 If Entering Fresh Today

Optimal Buy Price: ₹1,975–₹1,980 (on dip near support)

Profit-Taking Levels

Target 1: ₹2,010 (minor resistance)

Target 2: ₹2,045 (if volume improves midday)

Stop-Loss: ₹1,960 (below 50-DMA and psychological support)

📌 If Already Holding Today

Exit Signals

RSI drops below 50: Momentum fading

MACD flattens or turns negative

Price fails to hold above ₹1,985–₹1,990 by mid-session

Volume remains weak with sideways price action

🧠 Final Thoughts

NH is a strong intraday candidate today, especially for momentum-based trades. The technical setup supports a move toward ₹2,045 if volume picks up. Ideal for breakout scalping or short-term swing entry.

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