TECHM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | TECHM | Market Cap | 1,44,380 Cr. | Current Price | 1,474 ₹ | High / Low | 1,854 ₹ |
| Stock P/E | 35.8 | Book Value | 222 ₹ | Dividend Yield | 3.05 % | ROCE | 24.3 % |
| ROE | 18.3 % | Face Value | 5.00 ₹ | DMA 50 | 1,452 ₹ | DMA 200 | 1,503 ₹ |
| Chg in FII Hold | 0.65 % | Chg in DII Hold | -0.45 % | PAT Qtr | 541 Cr. | PAT Prev Qtr | 1,139 Cr. |
| RSI | 55.2 | MACD | 3.33 | Volume | 29,39,615 | Avg Vol 1Wk | 26,20,040 |
| Low price | 1,304 ₹ | High price | 1,854 ₹ | PEG Ratio | 15.8 | Debt to equity | 0.07 |
| 52w Index | 30.8 % | Qtr Profit Var | -23.8 % | EPS | 39.4 ₹ | Industry PE | 21.6 |
📈 Optimal Buy Price: 1,465 – 1,470 ₹ (near 50 DMA support)
💰 Profit Exit Levels: 1,495 ₹ (first resistance), 1,510 ₹ (200 DMA zone)
⚠️ Stop-Loss: 1,450 ₹ (below 50 DMA)
⏳ Intraday Exit Guidance: If already holding, consider booking profits near 1,495–1,510 ₹ if momentum slows. Exit immediately if RSI dips below 52 or price falls under 1,465 ₹ with declining volume.
Positive
- Strong ROCE at 24.3% and ROE at 18.3% show healthy fundamentals.
- Dividend yield of 3.05% adds investor confidence.
- Price trading above 50 DMA, supported by positive MACD (3.33).
- Volume higher than weekly average, indicating strong participation.
Limitation
- Quarterly PAT dropped sharply (541 Cr. vs 1,139 Cr.), showing earnings pressure.
- Stock P/E at 35.8 is above industry PE (21.6), indicating valuation premium.
- PEG ratio at 15.8 suggests limited growth relative to valuation.
- 200 DMA (1,503 ₹) acting as resistance zone.
Company Negative News
- Quarterly profit declined by -23.8%.
- DII holdings reduced (-0.45%), showing weaker domestic institutional support.
Company Positive News
- FII holdings increased (+0.65%), reflecting foreign investor confidence.
- Stable dividend payout with attractive yield.
Industry
- Industry PE at 21.6 indicates sector is moderately valued compared to TECHM’s premium.
- IT services sector remains resilient but faces margin pressures from global demand cycles.
Conclusion
⚖️ TECHM shows strong intraday potential with healthy fundamentals, positive MACD, and strong volume. However, earnings decline and valuation premium limit upside. Best suited for intraday trades targeting 1,495–1,510 ₹ with strict stop-loss at 1,450 ₹.
Would you like me to also prepare a sector overlay with peer benchmarking (Infosys, TCS, Wipro) so you can compare TECHM’s intraday strength against its industry peers?