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SAMMAANCAP - Technical Analysis with Chart Patterns & Indicators

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

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Technical Rating: 4.1

Here’s a detailed technical analysis of Sammaan Capital Ltd. (SAMMAANCAP) based on current indicators and market data

πŸ“Š Trend Analysis

Current Trend: The stock is in a short-term uptrend, having recently bounced off its 50 DMA and trading above both 50 and 200 DMA.

Momentum: Bullish. RSI at 64.8 and MACD at 3.33 indicate strong upward momentum, though RSI is nearing overbought territory.

πŸ“ˆ Moving Averages

50 DMA: β‚Ή129

200 DMA: β‚Ή132

Interpretation: Price at β‚Ή139 is above both averages, confirming bullish sentiment. The 50 DMA crossing above the 200 DMA is a golden cross, reinforcing the uptrend.

πŸ“‰ MACD & RSI

MACD: Positive and rising, suggesting continued bullish momentum.

RSI: At 64.8, approaching overbought zone (>70), but still in a healthy range for continuation.

Conclusion: Momentum indicators support a buy-on-dips strategy, with caution near resistance.

πŸ“Š Volume Trends

Current Volume: 2.17 crore

1-Week Avg Volume: 99.8 lakh

Interpretation: Volume surge confirms strong buying interest, possibly institutional accumulation.

πŸ“‰ Bollinger Bands

Price is near the upper band, suggesting strength but also potential short-term resistance. A breakout above β‚Ή145–₹150 with volume would confirm continuation.

πŸ“Œ Support & Resistance Levels

Level Price (β‚Ή) Commentary

Support 1 132 200 DMA, strong base

Support 2 129 50 DMA, short-term support

Resistance 1 145 Recent swing high

Resistance 2 160–174 Major resistance zone (52w high)

🎯 Entry & Exit Zones

Optimal Entry: β‚Ή132–₹135 (on pullback to 200 DMA with confirmation)

Exit Zone: β‚Ή160–₹174 (partial profit booking near resistance)

πŸ” Summary

Trend: Trending upward

Momentum: Bullish

Bias: Buy on dips

Short-Term Strategy: Accumulate near β‚Ή132–₹135 with targets around β‚Ή160–₹174. Monitor RSI for overbought signals and MACD for trend continuation.

Sources: TradingView Technicals

1

, ETMoney Technical Dashboard

2

.

1

www.tradingview.com

2

www.etmoney.com

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