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Technicals for Saregama India Limited
By MusingTheNews
2025-07-16 20:53
Overall Technical outlook
Price Summary
On 2025-07-15, Saregama India Limited's stock started at 484.0, soared to 491.4, dropped to 481.05, and finished the day -0.1% down at 483.5, with a trading volume of 126683 shares. The top price for the stock in the last 52 weeks is 674.55, with the bottom price being 443.75. Based on recommendations from 5 analysts, the future price of SAREGAMA is expected to range from 538.0 to 640.0, with an average price expectation around 595.6.
Technicals
Support and Resistance: The price currently sits at 483.5, finding support at 476.05 and resistance at 501.65. These levels define a range for Saregama India Limited where the price may move, with 476.05 offering a base and 501.65 limiting upward momentum. Support/Resistance for SAREGAMA
Aroon: The current state of the AROON is neutral for SAREGAMA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for Saregama India Limited
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. Bolinger Bands chart for Saregama India Limited
Parabolic SAR: The PSAR continues its bearish trend for Saregama India Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Saregama India Limited
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Saregama India Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Saregama India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Saregama India Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Saregama India Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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