NHPC - IntraDay Trade Analysis

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

IntraDay Trade Rating: 3.2

📊 Intraday Trading Analysis for NHPC

NHPC presents a low-risk, low-momentum setup for intraday trading today. While fundamentals are stable and recent profit growth is strong, technical indicators suggest limited upside in the short term.

✅ Positives

Strong Qtr Profit Growth (57.0%): Earnings surprise.

EPS (₹2.99) vs Industry PE (41.2): Reasonably valued.

Dividend Yield (2.26%): Attractive for long-term holders.

FII Holding ↑ (+0.50%): Mild institutional interest.

Debt-to-Equity (1.00): Manageable for a utility company.

⚠️ Intraday Weakness

RSI (40.8): Weak momentum, close to oversold.

MACD (-0.40): Bearish crossover — short-term downtrend.

Price < 50-DMA (₹85.8) & 200-DMA (₹84.5): Below key averages.

Volume < Avg Vol: 82.6 lakh vs 94.9 lakh — declining interest.

ROCE (7.39%) & ROE (7.67%): Low efficiency.

PEG Ratio (-5.22): Indicates earnings volatility or lack of growth visibility.

🔹 Optimal Intraday Strategy

📌 If Entering Fresh Today

Buy Zone: ₹82.5–₹83.0 (near support and psychological level)

Profit Targets

Target 1: ₹85.0 (resistance near 50-DMA)

Target 2: ₹86.5 (if volume improves midday)

Stop-Loss: ₹81.5 (below recent swing low)

📌 If Already Holding Today

Exit Triggers

RSI drops below 39: Signals further weakness

MACD diverges further negative

Price fails to reclaim ₹84.5–₹85.0 by mid-session

Volume stays below 80 lakh with flat price action

🧠 Final Thoughts

NHPC is not ideal for aggressive intraday trades today. It may offer a bounce from support levels, but momentum is weak and price action is range-bound. Best suited for defensive scalping or watching for reversal signs near ₹82.5.

Want to explore other power sector stocks with stronger intraday momentum and RSI setups?

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