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Technicals for Saregama India Limited
By MusingTheNews
2025-06-13 20:54
Overall Technical outlook
Price Summary
On 2025-06-13, Saregama India Limited's stock opened at 536.55, reached 540.35, hit a low of 529.05, and rose 0.11% to close at 537.15, with 183110 shares traded. During the past 52 weeks, the highest stock price was 674.55, and the lowest was 443.75. Future price predictions suggest a range between 512.0 and 640.0, with an average expected price of 599.4, as per 5 analysts.
Technicals
Support and Resistance: The current price is 537.15, with support at 522.2 and resistance at 565.55. This range suggests that the price might move between these levels, with 522.2 offering support and 565.55 capping further gains for Saregama India Limited. Support/Resistance for SAREGAMA
Aroon: AROON is currently indicating a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator remaining low. This combination suggests that the downward price trend is likely to persist, signaling ongoing bearish momentum. The persistent low level of the Aroon Oscillator indicates further weakness. Aroon chart for Saregama India Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Saregama India Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for SAREGAMA. Parabolic Stop and Reverse chart for Saregama India Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for SAREGAMA. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for Saregama India Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for SAREGAMA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Saregama India Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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