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Technicals for Saregama India Limited
By MusingTheNews
2025-09-04 20:41
Overall Technical outlook
Price Summary
Saregama India Limited's stock opened at 494.6 on 2025-09-04, surged to a high of 499.9, hit a low of 488.35, and closed up -0.75% at 490.9, with 77349 shares traded. In the last 52 weeks, the stock's top price was 674.55 and the bottom price was 443.75. As per recommendations from 4 analysts, SAREGAMA's future price is expected to span between 527.0 and 630.0, with a mean price around 571.75.
Technicals
Support and Resistance: The price for SAREGAMA at 490.9 is supported by the 486.05 level and faces resistance at 503.65. This range indicates key levels where the price may find buyers near 486.05 and sellers near 503.65, defining a trading range. Support/Resistance for SAREGAMA
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Saregama India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Saregama India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Saregama India Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Saregama India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for SAREGAMA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Saregama India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for SAREGAMA, with no strong trend emerging. Tripple SMA chart for Saregama India Limited
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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