SBILIFE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | SBILIFE | Market Cap | 1,82,449 Cr. | Current Price | 1,819 ₹ | High / Low | 2,133 ₹ |
| Stock P/E | 73.9 | Book Value | 190 ₹ | Dividend Yield | 0.15 % | ROCE | 15.0 % |
| ROE | 13.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,910 ₹ | DMA 200 | 1,898 ₹ |
| Chg in FII Hold | -0.37 % | Chg in DII Hold | 0.41 % | PAT Qtr | 805 Cr. | PAT Prev Qtr | 577 Cr. |
| RSI | 41.5 | MACD | -27.1 | Volume | 11,21,750 | Avg Vol 1Wk | 16,47,437 |
| Low price | 1,663 ₹ | High price | 2,133 ₹ | PEG Ratio | 5.77 | Debt to equity | 0.00 |
| 52w Index | 33.2 % | Qtr Profit Var | -1.09 % | EPS | 24.6 ₹ | Industry PE | 70.0 |
📊 Chart & Indicators: SBILIFE is trading at ₹1,819, below its 50 DMA (₹1,910) and 200 DMA (₹1,898), showing weakness. RSI at 41.5 indicates near oversold conditions, while MACD at -27.1 confirms bearish momentum. Price is closer to lower Bollinger Band (~₹1,780), suggesting possible short-term support. Volume (11.2L) is below weekly average (16.4L), reflecting reduced participation.
🎯 Entry/Exit Zones:
- Buy Zone: ₹1,780–₹1,820 (near support)
- Stop-Loss: ₹1,760
- Exit Levels: ₹1,880–₹1,900 (short-term resistance), ₹1,910–₹1,930 (major resistance near 50 DMA)
📈 Trend Status: Consolidating with bearish bias; oversold RSI hints at potential bounce, but trend remains weak below moving averages.
✅ Positive
- Strong ROCE (15.0%) and ROE (13.7%)
- Debt-free balance sheet (Debt-to-equity 0.00)
- EPS at ₹24.6 remains stable
- DII holdings increased (+0.41%)
⚠️ Limitation
- High P/E of 73.9 vs Industry PE 70.0 → stretched valuations
- PEG ratio 5.77 indicates expensive growth
- Quarterly profit variation negative (-1.09%)
- Weak technical momentum below DMA levels
📉 Company Negative News
- Correction from 52-week high (₹2,133 → ₹1,819)
- FII holdings reduced (-0.37%)
- MACD strongly negative, confirming bearish trend
📊 Company Positive News
- Quarterly PAT at ₹805 Cr, higher than previous ₹577 Cr
- Dividend yield at 0.15% (stable)
- Strong fundamentals with zero debt
🏦 Industry
- Industry PE at 70.0, slightly lower than SBILIFE
- Insurance sector growth supported by rising demand
- Competition from private insurers remains strong
📝 Conclusion
SBILIFE is consolidating near support with oversold RSI, offering short-term bounce potential. However, valuations remain stretched, profit growth slowed, and technical trend is weak below DMA levels. Suitable for cautious swing trades with strict stop-loss; investors should wait for breakout above ₹1,910–₹1,930 before considering fresh positions.
Would you like me to also prepare a swing trade rating (1–5) for SBILIFE, so you can compare short-term technical signals with medium-term trading potential?