SBICARD AnalysisI have analyzed SBICARD with different GANN technique. I have considered it trend as well. Based on that i am see more weakness in this SBICARD. Target is 611, 579
Next report date
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Report period
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EPS estimate
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Revenue estimate
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23.25 INR
24.08 B INR
169.72 B INR
298.68 M
About SBI CARDS & PAY SER LTD
Sector
Industry
CEO
Abhijit Chakravorty
Website
Headquarters
Gurgaon
Founded
1998
ISIN
INE018E01016
FIGI
BBG00Q5926D7
SBI Cards & Payment Services Ltd. engages in the business of issuing credit cards to consumers in India. It provides a co-brand credit card for doctors which offers medical professional liability insurance to cardholders. The company was founded in 1998 and is headquartered in Gurgaon, India.
SBI Card: No change in down trendSBI Card has bounced back from support level multiple time. In fact too many times.
Whenever it has bounced back to make a swing high, it seems buying was not strong enough to take it above last swing high overall (igonoring minor swing highs).
- There is strange consolidation near support level. I
SBICARD : Towards ending correctionSBI Cards (SBICARD)
Analysis
Wave Count: Completion of a 5-wave corrective structure, with Wave 5 ending near the liquidity sweep zone at ₹668.75 (golden Fibonacci retracement zone).
Key Levels:
First Target: ₹738.00
Second Target: ₹783.00
Stop Loss: ₹650.70 (on a daily close basis)
Trend Indicators
SBI Cards Stock AnalysisAnalysis of SBI Cards Stock Idea
Current Price: ₹697.40
Technical Overview:
* Double Bottom pattern with breakout.
Target Levels:
* ₹850 (initial)
* ₹1,000 (extended)
* ₹1,100 (ultimate)
* Strong support around ₹650-₹700 from breakout zone.
Fundamentals:
* Leading credit card issuer in Indi
SBICARD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
SBI CARD 1WSBI Card is exhibiting a descending triangle formation
I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
SBI Cards Long Term Analysis
NSE:SBICARD strong breakout in monthly and weekly timeframe.
Add more at 765 to till 720, SL 692.
Targets highlighted in blue lines.
LONGTrend reversed on weekly chart, revenue increased YOY significantly. trend line clearly crossed. Lets see whether it respects the trend line. If in case bought , sell it if again closed below the trend line.
SBICARD W1 SBICARD
Pros
Company has delivered good profit growth of 22.7% CAGR over last 5 years
Cons Stock is trading at 6.31 times its book value
SBICARDSBICARD has given buy signal on daily chart on weekly chart. Also breaking out the long-term downtrend line. Can enter after retest on Trend 📉 line.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of SBICARD is 687.00 INR — it has decreased by −2.33% in the past 24 hours. Watch SBI CARDS & PAY SER LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SBI CARDS & PAY SER LTD stocks are traded under the ticker SBICARD.
SBICARD stock has fallen by −5.46% compared to the previous week, the month change is a 1.03% rise, over the last year SBI CARDS & PAY SER LTD has showed a −9.42% decrease.
We've gathered analysts' opinions on SBI CARDS & PAY SER LTD future price: according to them, SBICARD price has a max estimate of 960.00 INR and a min estimate of 500.00 INR. Watch SBICARD chart and read a more detailed SBI CARDS & PAY SER LTD stock forecast: see what analysts think of SBI CARDS & PAY SER LTD and suggest that you do with its stocks.
SBICARD reached its all-time high on Sep 1, 2021 with the price of 1,165.00 INR, and its all-time low was 495.00 INR and was reached on May 22, 2020. View more price dynamics on SBICARD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SBICARD stock is 3.36% volatile and has beta coefficient of 0.41. Track SBI CARDS & PAY SER LTD stock price on the chart and check out the list of the most volatile stocks — is SBI CARDS & PAY SER LTD there?
Today SBI CARDS & PAY SER LTD has the market capitalization of 653.91 B, it has decreased by −2.18% over the last week.
Yes, you can track SBI CARDS & PAY SER LTD financials in yearly and quarterly reports right on TradingView.
SBI CARDS & PAY SER LTD is going to release the next earnings report on Jan 22, 2025. Keep track of upcoming events with our Earnings Calendar.
SBICARD earnings for the last quarter are 4.25 INR per share, whereas the estimation was 6.17 INR resulting in a −31.16% surprise. The estimated earnings for the next quarter are 5.13 INR per share. See more details about SBI CARDS & PAY SER LTD earnings.
SBI CARDS & PAY SER LTD revenue for the last quarter amounts to 37.68 B INR, despite the estimated figure of 38.85 B INR. In the next quarter, revenue is expected to reach 41.82 B INR.
SBICARD net income for the last quarter is 4.04 B INR, while the quarter before that showed 5.94 B INR of net income which accounts for −31.97% change. Track more SBI CARDS & PAY SER LTD financial stats to get the full picture.
As of Dec 21, 2024, the company has 36.37 K employees. See our rating of the largest employees — is SBI CARDS & PAY SER LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SBI CARDS & PAY SER LTD EBITDA is 73.12 B INR, and current EBITDA margin is 38.11%. See more stats in SBI CARDS & PAY SER LTD financial statements.
Like other stocks, SBICARD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SBI CARDS & PAY SER LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SBI CARDS & PAY SER LTD technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SBI CARDS & PAY SER LTD stock shows the strong sell signal. See more of SBI CARDS & PAY SER LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.