IGIL - Swing Trade Analysis

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

Swing Trade Rating: 3.8

📈 Technical Setup

Current Price ₹407 is trading above 50 DMA (₹386) and slightly below 200 DMA (₹413) — suggesting consolidation with upward bias.

RSI (60.6) — bullish territory, momentum in play but close to overbought zone.

MACD (7.71) — positive and rising, indicates upward trend confirmation.

Volume is currently lower than 1-week average — needs pickup for stronger confirmation.

💰 Fundamental Strength

P/E (35.9) above Industry PE (27.5) — priced at a slight premium.

ROCE (68%) and ROE (54.4%) — excellent efficiency ratios, strong business fundamentals.

EPS ₹11.6 — supports current valuation.

Debt-to-Equity (0.11) — low leverage, favorable for swing plays.

Dividend Yield (0.60%) — minor boost to holding incentive.

Profit Decline (₹141 Cr. → ₹127 Cr.) — slight dip but overall growth still healthy.

Quarterly Profit Growth (62.6%) — strong year-on-year improvement.

📦 Institutional Activity

FII Holding: +0.31% — modest foreign interest.

DII Holding: –0.44% — mild domestic trimming.

🧭 Trade Strategy

📥 Optimal Entry Price

Watch for dips to ₹398–₹402 zone — near short-term support.

Confirm entry if

RSI holds above 55

MACD maintains positive slope

Volume exceeds 6L+

📤 Exit Plan (If Holding)

Initial Profit Booking Zone: ₹420–₹435 — test 200 DMA resistance and short-term highs.

Momentum Stretch Target: ₹455–₹470 — only if RSI remains above 62 and MACD expands.

Aggressive Exit Point: ₹500+ — speculative swing, depends on breakout volume and continued trend strength.

🔍 Final Word

IGIL shows a compelling mix of strong fundamentals and mildly bullish technicals. While RSI and MACD suggest near-term upside, weaker volume and resistance overhead could stall momentum unless supported by fresh buying interest. It’s a viable swing trade with a slightly cautious entry window and disciplined exit targets.

Want me to dig up other mid-cap industrials showing MACD crossovers and volume spikes? I’ve got a few that might excite the charts.

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