ITI - Swing Trade Analysis

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

Swing Trade Rating: 2.2

📉 Technical Snapshot

Price Level: ₹300 sits just above the 200 DMA (₹298) but below the 50 DMA (₹310) — trend is sideways to bearish.

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

MACD (–4.07): Deep in negative territory — momentum remains weak.

Volume: Below 1-week average — lacking swing trader interest.

📊 Fundamental Overview

Profitability Metrics

ROCE (–0.77%) & ROE (–14.7%) → suggest financial strain.

PAT in red for both quarters (–₹66.8 Cr & –₹48.9 Cr) → consistent losses.

Valuation

Missing P/E & PEG ratios → due to negative EPS (–₹2.24).

Book Value (₹16.9) vs Price (₹300) → expensive by asset standards.

Leverage: Debt to equity of 0.91 → high financial risk.

Dividend Yield: 0% — no payout cushion during volatility.

🔁 Institutional Moves

FII/DII Changes: Practically flat — no meaningful institutional signal.

🎯 Trade Strategy

📥 Entry Zone: Only consider swing entry if price pulls back toward ₹285–₹290 and RSI begins rising above 42. MACD crossover should confirm momentum shift.

📤 Exit Plan (If Holding): Look to exit near ₹310–₹315. That’s close to 50 DMA resistance — without reversal signals, upside is capped. Stop-loss should sit near ₹290.

🧠 Final Take

ITI lacks both the technical push and fundamental support for a confident swing trade. Consistent losses and weak trend indicators raise caution. For now, it’s best suited for close monitoring — but not action.

Want help spotting telecom or PSU peers that show stronger momentum setups? I can scout a few breakouts for you.

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