SBICARD - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.2

💳 Intraday Trading Analysis for SBICARD

📊 Technical & Momentum Overview

Current Price: ₹892 — trading well above both 50 DMA (₹849) and 200 DMA (₹841), indicating strong short-term momentum.

RSI at 69.8: Approaching overbought territory — signals strength but caution for fresh entry.

MACD at 15.9: Strong bullish crossover — confirms upward momentum.

Volume: 17.9L vs 16.6L average — slightly above average, supporting active intraday interest.

📈 Fundamental Snapshot

P/E of 45.2 vs Industry PE of 24.0: Overvalued, but justified by brand strength and growth.

ROCE (10.4%) & ROE (14.8%): Solid efficiency for a credit card business.

Quarterly PAT Dip: ₹534 Cr → ₹556 Cr — slight improvement, but Qtr Profit Var (-6.47%) suggests caution.

Institutional Activity: FII (+0.35%) and DII (+0.28%) — net positive sentiment.

Debt-to-Equity (3.26): High, typical for financial services.

PEG Ratio of 7.76: Expensive relative to growth.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹885–₹892

Entry near current price with tight stop-loss; confirm with RSI holding below 70 and MACD slope rising.

💰 Profit-Taking Levels

Target 1: ₹902 (minor resistance)

Target 2: ₹912 (next resistance zone)

Aggressive Target: ₹920+ only if RSI crosses 72 and MACD continues to strengthen

🛡️ Stop-Loss

Stop-Loss Level: ₹875

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹912–₹920 and RSI rises above 72 with volume surge, consider booking profits.

Exit on Weakness

If MACD flattens or RSI drops below 66 with price rejection at ₹902, exit partially.

Full exit if price breaks below ₹875 with rising volume.

SBICARD offers a strong intraday setup today, driven by technical momentum and institutional support. Ideal for breakout scalping with disciplined risk control. Let me know if you'd like to track this live or compare with other financial services stocks showing similar setups.

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