SAREGAMA Eyes Rs.600-650 Resistance
Stocks / India
SAREGAMA Breakout Structure
SAREGAMA (Saregama India Limited) is being reviewed as a D1 setup, with the market focus around breakout acceptance near Rs.510-515, resistance toward Rs.600-650.
SAREGAMA is trading near Rs.514.15 after a 0.38% session move. Volume is around 14617 and market value is near Rs.9,535.27 Cr, so the quality of the setup depends on whether price can hold the breakout zone after the first reaction rather than only printing a fast spike.
The technical filter is balanced around RSI14 at 63.9, ADX at 40.7, weekly performance of 3.03%, and one-month performance of 12.35%. A cleaner continuation case needs price to stay above the trigger area with expanding participation; a close back below support would turn the setup into a failed-breakout risk.
Saregama Daily Chart
Stock near consolidation break
Breakout Range 510-515
Upside Resistance 600-650
| Ticker | SAREGAMA |
|---|---|
| Company | Saregama India Limited |
| Setup timeframe | D1 |
| Breakout / entry | Rs.510-515 |
| Resistance / targets | Rs.600-650 |
| Last price | Rs.514.15 |
| Session change | 0.38% |
| Volume | 14617 |
| Market cap | Rs.9,535.27 Cr |
| RSI14 | 63.9 |
| ADX | 40.7 |
| Weekly performance | 3.03% |
| Monthly performance | 12.35% |
Desk bias: the setup is constructive only while SAREGAMA respects the trigger area and holds above the nearest support. The resistance ladder should be treated as staged decision points, not as guaranteed targets.
SAREGAMA TradingView Chart Review
SAREGAMA daily candles should close above Rs.510-515 to keep the setup active, with Rs.support acting as the first invalidation area.
SAREGAMA weekly structure is used to judge whether Rs.600-650 is a realistic continuation zone or only a short-term overshoot.
SAREGAMA needs intraday acceptance around Rs.510-515; a quick failure back toward Rs.support would reduce the quality of the entry.
This research note is market commentary and education only. It is not investment advice or a promise of returns.
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