TECHM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | TECHM | Market Cap | 1,61,248 Cr. | Current Price | 1,645 ₹ | High / Low | 1,854 ₹ |
| Stock P/E | 38.4 | Book Value | 221 ₹ | Dividend Yield | 2.74 % | ROCE | 18.2 % |
| ROE | 14.0 % | Face Value | 5.00 ₹ | DMA 50 | 1,625 ₹ | DMA 200 | 1,554 ₹ |
| Chg in FII Hold | -2.66 % | Chg in DII Hold | 3.15 % | PAT Qtr | 1,139 Cr. | PAT Prev Qtr | 1,176 Cr. |
| RSI | 46.3 | MACD | 30.7 | Volume | 50,39,174 | Avg Vol 1Wk | 22,06,842 |
| Low price | 1,209 ₹ | High price | 1,854 ₹ | PEG Ratio | -2.71 | Debt to equity | 0.05 |
| 52w Index | 67.6 % | Qtr Profit Var | 32.7 % | EPS | 41.1 ₹ | Industry PE | 24.8 |
📊 Analysis: TECHM shows strong intraday potential. Current price (₹1,645) is above both 50 DMA (₹1,625) and 200 DMA (₹1,554), indicating bullish momentum. RSI at 46.3 is neutral but not overbought, while MACD (30.7) signals positive momentum. Volume (50.3L vs avg 22.0L) is significantly higher, suggesting strong trader participation and potential for intraday moves.
💰 Optimal Buy Price: ₹1,640–1,645 if price sustains above support.
📈 Profit-Taking Levels: First exit near ₹1,670, extended target ₹1,690.
📉 Stop-Loss: ₹1,625 to protect against downside risk.
⏱️ If Already Holding: Consider exiting intraday if price fails to hold above ₹1,640 or momentum weakens near resistance zones (₹1,670–1,690). Watch RSI slipping below 45 or volume tapering off as exit signals.
Positive
- Strong fundamentals with EPS at ₹41.1.
- Dividend yield of 2.74% adds investor appeal.
- Low debt-to-equity (0.05) ensures financial stability.
- High trading volume indicates strong intraday interest.
Limitation
- Stock P/E (38.4) is higher than industry average (24.8), suggesting premium valuation.
- PEG ratio (-2.71) reflects weak growth relative to valuation.
- FII holding decreased (-2.66%), showing reduced foreign investor confidence.
Company Negative News
- Quarterly PAT declined slightly (₹1,139 Cr vs ₹1,176 Cr).
- FII outflow indicates cautious sentiment among foreign investors.
Company Positive News
- DII holdings increased (+3.15%), showing strong domestic institutional support.
- Quarterly profit variation of 32.7% reflects resilience.
- Stock trading above both 50 DMA and 200 DMA signals strength.
Industry
- Industry PE at 24.8 indicates sector is moderately valued compared to TECHM’s premium.
- IT sector remains in demand with consistent growth outlook.
Conclusion
⚖️ TECHM is a strong candidate for intraday trading with bullish technicals and high volume support. Entry near ₹1,640–1,645 with exit around ₹1,670–1,690 offers a favorable risk-reward setup. Traders should monitor momentum indicators closely, as premium valuation and FII outflows may limit upside beyond short-term gains.