SARDAEN - Technical Analysis

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

Technical Rating: 2.9

Here’s a detailed technical analysis of Sarda Energy & Minerals Ltd. (SARDAEN) based on current indicators and chart behavior

📊 Trend Overview

Current Trend: Consolidating with Bearish Bias Price is hovering around the 50-DMA (₹446) and slightly above the 200-DMA (₹435), indicating indecision and a lack of strong directional momentum.

RSI (52.4): Neutral zone — neither overbought nor oversold.

MACD (0.08): Flat and weak — suggests minimal momentum.

Volume: Slightly above 1-week average, but not enough to confirm a breakout.

📈 Chart Patterns & Indicators

Moving Averages

Price ≈ 50-DMA → short-term resistance.

Price > 200-DMA → long-term support still intact.

Bollinger Bands

Price near mid-band — no breakout or squeeze pattern.

Support Levels

₹435 (200-DMA)

₹420 – ₹425 (historical support zone)

Resistance Levels

₹455 – ₹460 (recent pivot zone)

₹480 – ₹500 (next resistance band)

₹566 (52-week high)

🔍 Momentum Signals

Short-Term Bias: Neutral to Bearish

RSI and MACD suggest lack of conviction.

No strong reversal or breakout signals yet.

Stochastic RSI & Oscillators: Mixed signals — some bullish divergence, but not confirmed

1

.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹435 – ₹440 Near 200-DMA, potential bounce zone

Exit Target ₹460 – ₹480 Resistance zone, recent highs

Stop Loss ₹425 Below key support and trendline

🧠 Summary

SARDAEN is in a sideways consolidation phase with a slight bearish tilt. Technical indicators show fading momentum and indecision. A bounce from ₹435 could offer a tactical entry, but upside may be capped unless volume and RSI improve. Traders should watch for a breakout above ₹460 to confirm trend reversal.

Want to overlay this with insider activity or compare it with other mid-cap metal stocks?

1

justticks.in

Edit in a page