SBICARD - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Rating: 2.5

SBI Cards & Payment Services Ltd (SBICARD) currently shows a weak technical setup for intraday trading. While fundamentals are stable, the short-term indicators suggest caution.

🔍 Technical & Momentum Overview

Indicator Value Interpretation

RSI 22.6 Deeply oversold—may signal bounce, but no confirmation yet

MACD -31.7 Strong bearish momentum

Volume 7.9 lakh Well below weekly average—low participation

Price vs DMA ₹804 vs ₹900 (50-DMA) Trading far below key averages—downtrend confirmed

FII/DII Change +0.35% / +0.28% Mild institutional support

Quarterly Profit -6.47% QoQ Slight earnings contraction

✅ Positives for Intraday

Institutional Accumulation: FII/DII buying may offer short-term support.

Strong EPS & ROE: ₹19.7 EPS and 14.8% ROE reflect solid fundamentals.

Price Near Support Zone: ₹800–₹790 may act as a technical floor.

⚠️ Risks to Watch

Bearish Momentum: MACD and RSI suggest continued weakness.

High PEG Ratio (6.98): Indicates overvaluation relative to growth.

Debt-to-Equity (3.26): Elevated leverage may limit upside.

🎯 Intraday Strategy

Action Price Level (₹) Notes

Buy Zone 795–800 Only if RSI stabilizes and MACD flattens

Profit Target 1 812 Conservative exit on minor bounce

Profit Target 2 820–825 Aggressive exit if volume spikes and RSI rises above 30

Stop Loss 788 Below recent support zone

🕒 If Already Holding Today

Exit on Weak Bounce: If price fails to cross ₹812 with volume, consider exiting.

Watch RSI: If it dips below 20, momentum may worsen.

Avoid Averaging Down: Until MACD shows signs of reversal or price reclaims ₹849 (200-DMA).

This one’s a cautious play. If you’d like, I can scan for financial sector stocks with stronger intraday setups and better momentum. Want to explore those next?

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