SBICARD - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.6

📊 Technical Analysis Summary

• Trend Status: Consolidating
• Current Price: ₹878
• RSI (43.2): Weak — approaching oversold zone
• MACD (8.65): Bullish crossover — early signs of recovery
• Volume: Below average (13.47L vs 17.55L) — reduced participation
• DMA 50/200: Price below 50 DMA (₹889) but above 200 DMA (₹857) — mixed signals
• Bollinger Bands: Price near lower band — support likely near ₹860

📈 Entry & Exit Zones

• Support Levels: ₹860 / ₹840 / ₹815
• Resistance Levels: ₹889 / ₹915 / ₹950
• Optimal Entry: ₹860–₹875 (on dip near support)
• Exit Target: ₹915–₹950 (if momentum improves)

✅ Positive

• MACD shows bullish crossover — potential reversal
• Price above 200 DMA — long-term trend intact
• ROE (14.8%) — strong shareholder returns
• DII holding increased by 0.26% — domestic investor confidence

⚠️ Limitation

• RSI below 50 — weak momentum
• Price below 50 DMA — short-term weakness
• High P/E (43.6) and PEG (7.48) — expensive valuation
• Debt-to-equity ratio of 3.33 — high leverage

📉 Company Negative News

• FII holding declined by 0.13% — foreign investor caution
• Quarterly PAT dropped from ₹556 Cr to ₹445 Cr — earnings slowdown

📈 Company Positive News

• EPS of ₹20.2 — solid earnings base
• Qtr Profit Var up 9.98% — YoY growth trend
• 52-week performance up 59.1% — strong long-term movement

🏢 Industry

• SBICARD operates in consumer finance and credit cards — interest-rate sensitive and consumption-driven sector
• Industry P/E is 22.6 — SBICARD trades at a premium
• Sector benefits from rising digital payments and retail credit demand

🧾 Conclusion

• SBICARD is currently consolidating with mixed technical signals and moderate institutional support
• Entry near ₹860 may offer upside toward ₹950 if momentum strengthens
• Valuation is stretched and leverage is high — suitable for cautious accumulation with technical confirmation