{"id":18032,"date":"2025-09-10T00:20:05","date_gmt":"2025-09-09T18:50:05","guid":{"rendered":"http:\/\/43.205.138.160\/?post_type=article&#038;p=18032"},"modified":"2025-09-10T00:20:05","modified_gmt":"2025-09-09T18:50:05","slug":"daily-chart-analysis-on-sbicard","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/daily-chart-analysis-on-sbicard\/","title":{"rendered":"Daily Chart Analysis on SBICARD"},"content":{"rendered":"<p><strong><u>SBI Cards &amp; Payment Services Ltd. (SBICARD) \u2013 Stock View<\/u><\/strong><\/p>\n<p><strong>Technical View (Daily Chart)<\/strong><\/p>\n<ul>\n<li>The stock closed at <strong>\u20b9819.35<\/strong>, after making a high of \u20b9821.00, showing signs of short-term recovery.<\/li>\n<li><strong>Moving Averages:<\/strong> Price is still trading below 50, 100 &amp; 200 DMA, suggesting the broader trend is weak, but near-term pullback is visible.<\/li>\n<li><strong>Parabolic SAR:<\/strong> Flipped below the price, signaling a short-term buy setup.<\/li>\n<li><strong>RSI (14):<\/strong> At 50.5, RSI has moved into the neutral zone, indicating recovery momentum but not yet overbought.<\/li>\n<li><strong>MACD:<\/strong> Still in negative territory, but showing early signs of convergence, hinting at possible trend reversal.<br \/>\n<strong>Conclusion:<\/strong> Sustaining above <strong>\u20b9820\u2013825<\/strong> can open the way for further upside towards <strong>\u20b9845\u2013860<\/strong>, while immediate support lies near <strong>\u20b9790\u2013800<\/strong>.<\/li>\n<\/ul>\n<p><strong>Fundamental View<\/strong><\/p>\n<ul>\n<li><strong>Business Model:<\/strong> SBI Cards is India\u2019s second-largest credit card issuer with strong brand association with SBI.<\/li>\n<li><strong>Earnings Trend:<\/strong> Recent quarters showed pressure on margins due to rising cost of funds and increased provisioning in unsecured lending.<\/li>\n<li><strong>Strengths:<\/strong> Large customer base, strong distribution network via SBI branches, increasing digital spends.<\/li>\n<li><strong>Risks:<\/strong> Rising NPAs in unsecured lending, regulatory scrutiny on credit charges\/fees, and competition from fintechs.<\/li>\n<\/ul>\n<p><strong>Micro View (Company-Specific Factors)<\/strong><\/p>\n<ul>\n<li>Recent recovery attempt after prolonged correction indicates bottom-fishing by investors.<\/li>\n<li>Focus on new customer acquisition, digital partnerships, and spend-based growth could support revenue.<\/li>\n<li>However, short-term movement may remain volatile until clarity on RBI stance on unsecured lending emerges.<\/li>\n<\/ul>\n<p><strong>Macro View (Sector &amp; Economy)<\/strong><\/p>\n<ul>\n<li><strong>Positive:<\/strong> Rising consumer spending, festive demand, digital payment adoption.<\/li>\n<li><strong>Negative:<\/strong> Higher interest rates, RBI\u2019s cautious stance on unsecured loans, possible increase in provisioning burden.<\/li>\n<li>Overall, macro environment is mixed, but festive demand could provide a near-term boost.<\/li>\n<\/ul>\n<p><strong>Upcoming Events &amp; Impact<\/strong><\/p>\n<ul>\n<li><strong>RBI Credit Card Data (Monthly):<\/strong> Any uptick in industry-wide card spends can boost sentiment.<\/li>\n<li><strong>Q2 FY26 Results (Oct 2025):<\/strong> Market will closely track NIM, credit costs, and GNPA ratio. Strong results may trigger re-rating, while weak numbers can increase downside risk.<\/li>\n<li><strong>Festive Season (Oct\u2013Nov):<\/strong> Historically, SBI Cards sees strong customer spends during Diwali season, which could act as a short-term trigger.<\/li>\n<\/ul>\n<p><strong>Disclaimer<br \/>\n<\/strong>This analysis is for <strong>educational purposes only<\/strong> and should not be considered investment advice. Stock markets are subject to risks. Please consult your SEBI-registered financial advisor before making any investment decisions.<\/p>\n<p><strong>Disclosure<br \/>\n<\/strong>We\/I do not have any personal or family holding in <strong>SBI Cards &amp; Payment Services Ltd.<\/strong><br \/>\nThis view is based on publicly available information and technical indicators.<\/p>\n<p><a href=\"http:\/\/43.205.138.160\/wp-content\/uploads\/2025\/09\/Daily-Chart-Analysis-of-SBICARD-on-09092025.pdf\">Daily Chart Analysis of SBICARD on 09092025<\/a><\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[400,130,163,112,183,121,133,92,116,168],"class_list":["post-18032","article","type-article","status-publish","hentry","article-category-learn","article-tags-technicalanalysis","article-tags-expert-analysis","article-tags-financialeducation","article-tags-financialplanning","article-tags-investingtips","article-tags-investment-opportunities","article-tags-investment-strategies","article-tags-sebi-registered-advisors","article-tags-signalzinvestmenttips","article-tags-stockmarkettips"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/18032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=18032"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=18032"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=18032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}