More about Saregama India Limited
Fundamentals for Saregama India Limited
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Technicals for Saregama India Limited
Price Summary
On 2026-04-09, Saregama India Limited's stock began at 323.0, peaked at 328.95, bottomed at 312.05, and closed -1.81% lower at 317.15, with a volume of 893637 shares.Over the past year, the stock's highest price was 579.9, and its lowest was 0.0.
The projected price range for Saregama India Limited is between 507.0 and 600.0, with an expected mean price of 550.5, according to 4 analysts.
Technicals
Aroon: The current reading of the AROON is neutral for SAREGAMA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.
Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20. This setup is typically viewed as the beginning of a bullish move, suggesting that the market might soon experience upward momentum. Traders could see this as an opportunity to enter at a favorable point.
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for SAREGAMA, raising the possibility of a change in direction.
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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