Overall Technical outlook

Price Summary

2025-04-25, saw SAREGAMA's stock open at 550.7, hit a peak of 565.0, fall to a low of 530.55, and close down -0.85% at 546.0, with 724656 shares changing hands.
The stock's highest price over the 52-week span is 674.55, while the lowest price is 410.85.
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: With the current price at 546.0, support is found at 538.3 and resistance at 565.55. These levels indicate where buyers might step in at 538.3, while sellers could limit gains at 565.55, defining a trading boundary for Saregama India Limited.
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Support/Resistance for SAREGAMA


Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Aroon chart for Saregama India Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SAREGAMA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Saregama India Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Saregama India Limited


Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for SAREGAMA. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift.
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Stochastic chart for Saregama India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Tripple SMA chart for Saregama India Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.