SAREGAMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | SAREGAMA | Market Cap | 8,048 Cr. | Current Price | 418 ₹ | High / Low | 603 ₹ |
| Stock P/E | 36.4 | Book Value | 87.8 ₹ | Dividend Yield | 1.08 % | ROCE | 18.0 % |
| ROE | 13.6 % | Face Value | 1.00 ₹ | DMA 50 | 362 ₹ | DMA 200 | 389 ₹ |
| Chg in FII Hold | -2.00 % | Chg in DII Hold | 2.06 % | PAT Qtr | 75.4 Cr. | PAT Prev Qtr | 58.1 Cr. |
| RSI | 67.0 | MACD | 17.4 | Volume | 49,80,864 | Avg Vol 1Wk | 21,04,697 |
| Low price | 306 ₹ | High price | 603 ₹ | PEG Ratio | 3.94 | Debt to equity | 0.06 |
| 52w Index | 37.7 % | Qtr Profit Var | 35.9 % | EPS | 11.2 ₹ | Industry PE | 39.2 |
📊 SAREGAMA shows fair intraday potential. RSI at 67.0 indicates strong bullish momentum but close to overbought levels. MACD (17.4) is positive, confirming upward bias. Current price (418 ₹) is above both 50 DMA (362 ₹) and 200 DMA (389 ₹), reflecting strong short-term and medium-term momentum. Volume (49.8L) is significantly higher than the 1-week average (21.0L), showing strong participation today.
💡 Optimal Buy Price: 412–416 ₹ (near support)
🎯 Profit-Taking Levels: 430–445 ₹ (resistance zone)
🛑 Stop-Loss: 405 ₹ (below support)
⏱ If already holding: Exit near 430–445 ₹ if momentum weakens or volume fails to sustain. If price breaks below 405 ₹ with strong selling pressure, consider intraday exit to protect capital.
Positive
- ✅ Strong ROCE at 18.0% and ROE at 13.6%
- ✅ EPS at 11.2 ₹ reflects solid earnings
- ✅ Quarterly PAT growth (75.4 Cr vs 58.1 Cr)
- ✅ Price above both 50 DMA and 200 DMA
Limitation
- ⚠️ RSI at 67.0 indicates near overbought conditions
- ⚠️ PEG ratio at 3.94 suggests valuation concerns
- ⚠️ High volatility with 52-week range (306–603 ₹)
Company Negative News
- 📉 Decline in FII holding (-2.00%) shows reduced foreign investor confidence
Company Positive News
- 📈 DII holding increased (+2.06%), showing strong domestic institutional support
- 📈 Quarterly profit variation at +35.9% indicates earnings recovery
Industry
- 🏦 Industry PE at 39.2 vs SAREGAMA PE at 36.4 shows fair valuation
- 🏦 Media & entertainment sector remains growth-oriented with digital expansion
Conclusion
⚖️ SAREGAMA offers decent intraday trading potential with bullish signals from RSI, MACD, and strong volume surge. Traders may attempt entries near 412–416 ₹ with profit targets around 430–445 ₹. However, overbought RSI and valuation concerns suggest cautious positioning with strict stop-losses.
Would you like me to extend this into a swing trade analysis for medium-term clarity, or refine the intraday trading plan further?