ICICIGI - Swing Trade Analysis

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

Swing Trade Rating: 3.9

📊 Technical & Momentum Analysis

Current Price (₹1,867) is slightly below the 200-DMA (₹1,876) and well below the 50-DMA (₹1,938) — short-term trend is weak, but nearing support.

RSI (35.5): Approaching oversold territory — potential for a technical bounce.

MACD (-20.0): Negative — confirms bearish momentum, but flattening could signal reversal.

Volume: Above average — indicates strong market participation, which supports a potential rebound.

📈 Fundamental Snapshot

ROCE (24.9%) & ROE (18.8%): Strong — reflects efficient capital use and profitability.

EPS (₹54.0) vs Stock P/E (34.6): Fairly valued compared to Industry PE (39.0).

PEG Ratio (1.36): Acceptable — valuation aligns reasonably with growth.

Quarterly PAT Growth (28.7%): Strong earnings momentum.

FII Holding Increase (+0.26%): Mild institutional confidence.

DII Holding Decline (-0.22%): Slight caution from domestic investors.

Debt to Equity (0.00): Zero debt — excellent financial health.

Dividend Yield (0.67%): Modest — adds a small cushion.

⚖️ Swing Trade Viability

Strengths

Strong fundamentals and zero debt.

RSI near reversal zone — technical bounce possible.

Volume surge — trader interest is rising.

Solid earnings growth and fair valuation.

Concerns

Price below key moving averages — trend still weak.

MACD negative — momentum not yet confirmed.

DII pullback — cautious sentiment.

🎯 Optimal Entry Price

Entry Zone: ₹1,830–₹1,860 — near support and just below 200-DMA. Look for RSI to cross 40 and MACD to flatten for confirmation.

🚪 Exit Strategy

If Holding: Consider exiting near ₹1,950–₹1,980 — around 50-DMA and short-term resistance.

Stop Loss: ₹1,800 — breach below this level would invalidate the swing setup.

ICICIGI is forming a potential swing setup with improving volume and strong fundamentals. If you're already holding, you're near a support zone — just watch for momentum confirmation. Want to compare it with other insurance stocks showing stronger technicals? I can pull up a few contenders.

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