SAILIFE - Technical Analysis

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

Technical Rating: 4.1

Here’s a detailed technical analysis of Sai Life Sciences Ltd. (SAILIFE) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Trending Upward Price is above both 50-DMA (₹779) and 200-DMA (₹749), confirming bullish momentum.

RSI (63.0): In bullish territory — suggests strength but not yet overbought.

MACD (17.2): Strong positive crossover — indicates accelerating momentum.

Volume: Significantly below 1-week average, which may signal a pause or low conviction in the current move.

📈 Chart Patterns & Indicators

Moving Averages

Price > 50-DMA and 200-DMA → bullish structure.

50-DMA > 200-DMA → confirms medium-term uptrend.

Bollinger Bands

Price near upper band — suggests strength but also potential short-term resistance.

Support Levels

₹779 (50-DMA)

₹749 (200-DMA)

₹720 (historical support zone)

Resistance Levels

₹851 (52-week high)

₹865 – ₹880 (projected resistance zone if breakout occurs)

🔍 Momentum Signals

Short-Term Bias: Bullish

RSI and MACD both support continued upside.

Volume dip may limit breakout strength unless participation improves.

Stochastic RSI: Near overbought — watch for short-term pullback or consolidation.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹780 – ₹800 Near 50-DMA, strong trend support

Exit Target ₹850 – ₹880 52-week high and projected breakout zone

Stop Loss ₹745 Below 200-DMA and key support

🧠 Summary

SAILIFE is in a strong uptrend with bullish indicators across the board. While volume is currently light, the MACD and RSI suggest momentum is intact. A breakout above ₹851 could trigger a fresh rally, but traders should monitor volume for confirmation. Ideal strategy: buy on dips near ₹780 with a target of ₹880.

Want me to track this stock’s breakout potential or compare it with other pharma mid-caps?

Edit in a page