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Technicals for SBI Cards and Payment Services Limited
By MusingTheNews
2025-07-16 20:52
Overall Technical outlook
Price Summary
On 2025-07-15, SBI Cards and Payment Services Limited's shares started at 900.0, peaked at 906.7, bottomed out at 888.3, and ended -0.69% down at 893.75, with 1585152 shares traded. Throughout the 52-week period, the stock hit a high of 1017.0 and a low of 663.85. The projected price range for SBI Cards and Payment Services Limited is between 685.0 and 1070.0, with an expected mean price of 900.28, according to 25 analysts.
Technicals
Support and Resistance: The current price for SBICARD is 893.75, supported at 885.25 with resistance at 909.65. This indicates a trading range where 885.25 might prevent further declines, while 909.65 could hinder additional gains. Support/Resistance for SBICARD
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for SBI Cards and Payment Services Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for SBI Cards and Payment Services Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a possible trend change for SBICARD. This shift could indicate a strong bearish signal if it aligns with other market indicators. Traders should monitor the situation closely and wait for further confirmation before making decisions. Parabolic Stop and Reverse chart for SBI Cards and Payment Services Limited
Stochastic: The Stochastic K-line's drop beneath the D-line and under 20 suggests a mildly bearish market condition. This setup indicates that the market may face some downside risk, though the bearish tone is moderate. Investors should consider this as a potential early indicator of a shift for SBI Cards and Payment Services Limited. Stochastic chart for SBI Cards and Payment Services 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 SBICARD, with no strong trend emerging. Tripple SMA chart for SBI Cards and Payment Services 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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