HDFCBANK - Swing Trade Analysis

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

Swing Trade Rating: 4.2

HDFCBANK presents a strong case for a momentum swing trade as it approaches its 52-week high, supported by improving sentiment, healthy price structure, and solid institutional participation. However, the recent profit contraction and proximity to resistance require disciplined entry and exit.

💼 Fundamental Snapshot

Valuation & Earnings

P/E of 22.0 vs Industry PE of 12.6 → Premium justified by stability

PEG Ratio: 0.96 → Fair valuation for growth

EPS: ₹92.3 → Strong earnings profile

Efficiency

ROCE: 7.51% | ROE: 14.4% → Good capital returns for a large bank

Debt-to-equity: 6.41 → Normal for banking sector structure

Dividend Yield: 0.54% → Minor but consistent income

📈 Technical Setup

Current Price: ₹2,022

Closing in on 52-week high of ₹2,038

Trading above both DMA 50 (₹1,967) and DMA 200 (₹1,836) → Trend intact

Momentum Indicators

RSI: 58.9 → Bullish zone, just below potential breakout trigger

MACD: +12.0 → Positive and climbing

Volume: 1.11 Cr vs 78L avg → Rising interest confirms trend strength

52W Index: 96.4% → Almost full retracement; breakout watch

🎯 Swing Strategy

✅ Optimal Entry Price

Buy Zone: ₹2,010–₹2,030 Entry just below resistance with confirmation via volume and RSI > 60.

🚪 Exit Strategy

Target Price: ₹2,090–₹2,140 Aim near upper resistance before psychological level of ₹2,150.

Stop-Loss: ₹1,965 Below 50-DMA and recent swing support.

👜 If Already Holding

Hold through ₹2,038 breakout with tight trailing stop above ₹1,990

Book partial gains near ₹2,100–₹2,120

Exit if RSI dips below 55 or MACD flattens with dropping volume

Would you like to line up similar large-cap financials with breakout setups or explore mid-cap banking plays offering more aggressive swing profiles? I’m ready when you are.

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