SBILIFE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.3

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹1,955
• RSI (76.8): Overbought — caution for short-term pullback
• MACD (33.2): Strong bullish crossover — momentum confirmed
• Volume: Below average (8.5L vs 21.6L) — rally may lack conviction
• DMA 50/200: Price above both (₹1,837 & ₹1,740) — bullish confirmation
• Bollinger Bands: Price near upper band — resistance likely near ₹1,978

📈 Entry & Exit Zones

• Support Levels: ₹1,920 / ₹1,880 / ₹1,837
• Resistance Levels: ₹1,978 / ₹2,020 / ₹2,080
• Optimal Entry: ₹1,920–₹1,940 (on pullback from overbought zone)
• Exit Target: ₹2,020–₹2,080 (if momentum sustains)

✅ Positive

• MACD and price action confirm bullish momentum
• Price above key moving averages — trend continuation
• ROCE (16.9%) and ROE (15.1%) — strong operational efficiency
• Debt-free — solid financial structure

⚠️ Limitation

• RSI above 70 — overbought zone, risk of short-term correction
• Volume below average — rally may lack strength
• High P/E (79.8) and PEG (4.69) — expensive valuation

📉 Company Negative News

• FII holding declined by 0.49% — foreign investor caution
• Quarterly PAT dropped from ₹594 Cr to ₹495 Cr — earnings slowdown

📈 Company Positive News

• DII holding increased by 0.46% — domestic investor confidence
• 52-week performance up 96.2% — strong long-term trend

🏢 Industry

• SBILIFE operates in life insurance — defensive and policy-driven sector
• Industry P/E is 82.7 — SBILIFE trades slightly below peers
• Sector benefits from rising financial awareness and insurance penetration

🧾 Conclusion

• SBILIFE is currently trending upward with strong technical indicators and institutional support
• Entry near ₹1,920 may offer upside toward ₹2,080 if momentum continues
• Valuation is stretched — suitable for momentum traders with caution near resistance zones