ICICIPRULI - Swing Trade Analysis

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

Swing Trade Rating: 3.1

🔍 Quick Outlook

ICICIPRULI looks fundamentally stable with decent long-term potential, but its high valuation and weak technical indicators suggest that it isn’t primed for a short-term swing play. If you're looking for momentum and breakout setups, this one's still on standby.

📉 Technical Picture

Current Price (₹616) is below both DMA 50 (₹636) and DMA 200 (₹630) — indicating bearish pressure.

RSI (37.6): Near oversold zone, but not signaling reversal yet.

MACD (–7.19): Bearish momentum with no positive crossover in sight.

Volume: Stable and slightly above average — not alarming, but not enthusiastic either.

📊 Fundamental Overview

Valuation

P/E (70.7) vs Industry PE (73.9) → expensive, though comparable to peers

PEG (4.41) → significantly overvalued relative to growth

Profitability

EPS (₹8.73) and ROE (10.3%) → moderate strength

PAT decline (–21.8%) quarter-over-quarter is a concern

ROCE (11.8%) and Debt to Equity (0.21) → efficient and low-leverage

Dividend Yield (0.14%): Barely registers — not attractive for hold-based swings

📈 Ownership Trends

FII Holding ↓ (–0.12%): Slight reduction — signals caution

DII Holding ↑ (+0.06%): Marginal increase — not conclusive

🎯 Trade Setup

📥 Entry Zone: Watch for a dip to ₹600–₹605. Confirm with MACD flattening and RSI bouncing toward 40 before initiating a trade.

📤 Exit if Holding: Look to exit near ₹635–₹640. That aligns with 50 DMA resistance. RSI crossing 50 would also be a logical exit point.

🧠 Final Takeaway

Not an ideal swing candidate at the moment — but could be worth tracking if the market rallies or if the stock nears support and shows technical reversal signs. A watch-and-wait situation.

Would you like me to scan life insurance stocks that are trending stronger or show breakout patterns? Could be a nice way to diversify your trade radar. 📋📈

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