TECHM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:04 am

IntraDay Trade Rating: 4.3

📊 Analysis: TECHM is trading above both 50 DMA (₹1,509) and 200 DMA (₹1,516), showing bullish alignment. RSI at 71.2 signals overbought momentum, while MACD at 32.6 confirms positive trend strength. Current volume (17.8L) is well above average (11L), supporting intraday liquidity.

💹 Optimal Buy Price: ₹1,605–₹1,615 (near current levels with tight entry).

🎯 Profit-Taking Exit Levels: ₹1,635 (short target), ₹1,655 (extended target).

🛡️ Stop-Loss / Loss Protection: ₹1,595 (below intraday support).

⏱️ If Already Holding: Exit near ₹1,635–₹1,655 if momentum sustains. If RSI crosses 75 or volume weakens, consider early exit. A break below ₹1,595 should trigger stop-loss.

Positive

• 📈 Strong ROCE 18.2% and ROE 14% show efficient capital use.
• 💰 Dividend Yield 2.81% adds investor confidence.
• 📊 Low Debt-to-Equity 0.05 ensures financial stability.
• 🔥 High trading volume supports intraday liquidity.

Limitation

• ⚠️ High P/E 40.3 vs industry average (26.4).
• 📉 Quarterly PAT decline (-8.18%) shows earnings pressure.
• 📊 PEG Ratio -2.85 indicates weak growth vs valuation.

Company Negative News

• 📉 FII holding reduced (-2.68%), showing foreign investor caution.

Company Positive News

• 📈 DII holding increased (+2.51%), reflecting domestic institutional support.

Industry

• 🌐 IT sector remains strong but faces valuation pressure with industry PE at 26.4.
• 📊 TECHM trades at premium vs peers, requiring momentum-driven entries.

Conclusion

✅ TECHM is a good intraday candidate due to strong momentum, high volume, and bullish DMA alignment. However, overbought RSI and earnings pressure suggest cautious entries with strict stop-loss. Best suited for momentum scalps rather than long holding today.

Would you like me to extend this into a peer benchmarking overlay with Infosys, TCS, and Wipro, so you can compare TECHM’s intraday setup across the IT basket?