EIDPARRY - Swing Trade Analysis

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

Swing Trade Rating: 3.6

📊 Analysis Summary

EIDPARRY has recently surged to its 52-week high, showing strong short-term momentum. However, the overbought RSI, declining quarterly profit, and negative PEG ratio suggest caution. While the technicals are bullish, the fundamentals are mixed, making this a high-risk, short-term swing trade opportunity. Ideal for momentum traders, but not for conservative setups.

🔍 Technical Indicators

RSI (75.6): Overbought — risk of pullback or consolidation.

MACD (43.2): Strongly bullish — confirms recent breakout.

Price vs DMA

Current Price (₹1,209) is well above 50 DMA (₹1,061) and 200 DMA (₹899) — strong uptrend.

Volume: Nearly 3× weekly average — heavy buying interest.

📈 Fundamental Snapshot

P/E (30.1) vs Industry PE (22.2): Overvalued — priced above sector average.

PEG Ratio (-3.85): Negative — unreliable growth expectations.

ROE (9.54%) & ROCE (16.6%): Moderate — not exceptional.

EPS (₹49.4) vs Price (₹1,209): Premium valuation.

Qtr Profit Growth (-31.3%): Weak — declining earnings.

FII Holding ↑ (+0.49%), DII Holding ↑ (+0.63%)**: Mild institutional support.

Debt to Equity (0.34): Manageable — moderate leverage.

Dividend Yield (0.33%): Low — not a swing factor.

✅ Entry Strategy (If Not Holding)

Optimal Entry Price: ₹1,060–₹1,090 range, ideally on a pullback near 50 DMA.

Avoid entering at current levels due to RSI overheating.

Wait for RSI to cool below 65 and MACD to remain positive.

🚪 Exit Strategy (If Already Holding)

Exit near ₹1,220–₹1,230, close to 52-week high resistance.

If price drops below ₹1,100, consider stop-loss at ₹1,050 to protect gains.

⚖️ Final Verdict

EIDPARRY is a momentum-driven swing trade with strong technicals but weak earnings and valuation concerns. Best suited for short-term traders who can manage volatility. Enter only on dips with confirmation, and exit near highs before momentum fades.

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