The impact of the early monsoon rains in June 2025 on rural...
Technicals for SBI Life Insurance Company Limited
By MusingTheNews
2025-06-13 20:53
Overall Technical outlook
Price Summary
The stock of SBILIFE soared 2.05% today, reflecting a robust market performance. On 2025-06-13, SBILIFE's stock opened at 1720.0, reached a peak of 1766.5, dropped to 1720.0, and ended 2.05% higher at 1755.2, with a volume of 1774098 shares. The peak price for the stock in the past 52 weeks is 1928.65, with the lowest price being 1385.55. The price projection is between 1050.0 and 2500.0, with an average expected price around 1915.6765, according to 34 analysts.
Technicals
Support and Resistance: The price currently sits at 1755.2, finding support at 1726.0 and resistance at 1773.4. These levels define a range for SBI Life Insurance Company Limited where the price may move, with 1726.0 offering a base and 1773.4 limiting upward momentum. Support/Resistance for SBILIFE
Aroon: The persistent bearish trend in Aroon, with Aroon Down still at the 100 level, suggests continued weakness. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for SBI Life Insurance Company Limited
Bol. Bands: The current price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward movement might indicate a recovery from oversold conditions, suggesting that the bearish trend could be weakening. The crossover is a sign that the market may be transitioning to a more bullish or stabilized phase. Bolinger Bands chart for SBI Life Insurance Company Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, indicating a possible market downturn. If this shift is corroborated by other trends, it could be a very bearish signal. Investors should be cautious and look for additional confirmation before acting. Parabolic Stop and Reverse chart for SBI Life Insurance Company Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for SBI Life Insurance Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for SBILIFE, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change. Tripple SMA chart for SBI Life Insurance Company Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.