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Technicals for Saregama India Limited
By MusingTheNews
2025-12-15 20:55
Overall Technical outlook
Price Summary
Saregama India Limited's stock spiked 2.91% today, marking a remarkable performance in the market. On 2025-12-10, Saregama India Limited's shares started at 357.1, peaked at 375.1, bottomed out at 357.1, and ended 2.91% higher at 367.5, with 517297 shares traded. The highest price the stock achieved in the past 52 weeks is 579.9, while the lowest price it saw is 347.9. 4 analysts estimate that the future price of SAREGAMA will fall between 510.0 and 600.0, with an average price expectation of approximately 555.5.
Technicals
Support and Resistance: The current price of 367.5 for SAREGAMA finds support at 370.9 and resistance at 370.9. These levels define a range in which the price might oscillate, with 370.9 as a potential support and 370.9 as a resistance level. Support/Resistance for SAREGAMA
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Saregama India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Saregama India Limited
Parabolic SAR: The PSAR maintains a bearish outlook for SAREGAMA, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Saregama India Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Saregama India Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Saregama India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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