SBI Life Insurance Co. Ltd. – Technical + Fundamental Analysis (Price zone around ₹2,010–2,020)
TREND ANALYSIS Primary trend (Long term): Bullish (higher highs & higher lows on weekly chart)
Intermediate trend (Medium term): Sideways to corrective
Short-term trend: Weak / corrective, price testing rising trendline support
KEY SUPPORT & RESISTANCE Support Zones S1: ₹2,000 – ₹1,995 (major trendline & demand zone)
S2: ₹1,970 – ₹1,960 (breakdown level if trendline fails)
S3: ₹1,930 (long-term base)
Resistance Zones R1: ₹2,030 – ₹2,040 (immediate supply)
R2: ₹2,060 – ₹2,070 (recent swing high)
R3: ₹2,100+ (positional breakout zone)
TECHNICAL VIEW Price corrected sharply from ₹2,060 and is holding above rising trendline
20 & 50 EMA: Short-term EMAs turning down → indicates caution
Volume: Selling volume increased during correction, but support still intact
RSI (approx.): Near 40–45 → oversold bounce possible from support
➡ Bias:
Above ₹2,000: Bounce & range trade possible
Below ₹1,995: Further downside likely
TRADE SETUPS (TARGET – STOP LOSS) INTRADAY / SHORT-TERM (1–7 days) BUY only above ₹2,010
Target: ₹2,030 / ₹2,045
Stop Loss: ₹1,995
SELL below ₹1,995
Target: ₹1,970
Stop Loss: ₹2,015
MEDIUM TERM (2–6 weeks) BUY on dips near ₹1,980–2,000
Target: ₹2,060 / ₹2,100
Stop Loss: ₹1,950
Trend turns negative below ₹1,950
LONG TERM (6–18 months) Structure remains strong bullish above ₹1,930
Ideal accumulation zone: ₹1,900–1,980
Long-term targets: ₹2,300+ (based on previous breakout range)
Investment stop: Weekly close below ₹1,880
WHICH SIDE MAKES MONEY NOW? Short term: Range traders → Sell on rise, Buy near support
Medium term: Buy on dips, not breakout chasing
Long term: Buy & hold on corrections
FUNDAMENTAL VIEW SBI Life remains fundamentally strong
Key positives:
Consistent premium growth
Strong parentage (SBI)
Improving margins & persistency
Valuation: Slightly expensive in short term → explains consolidation
➡ Fundamentals support long-term uptrend; correction is technical, not structural
FINAL SUMMARY ₹2,000 is the make-or-break level
Holding above support → bounce & continuation likely
Breakdown below support → deeper correction
Long-term investors stay positive; traders manage risk tightly
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