🟩 SBFC Finance Ltd – Breakout Watch (Positional Setup)
📈 Price: ₹102.42 | 🏛 Market Cap: ₹10,970 Cr
🔍 Sector: NBFC | 📆 Timeframe: Daily
🧱 Structure Overview
Consolidating in a tight range since listing (Aug 2023), forming a solid base box between ₹77–₹106.
Approaching All-Time High zone (₹106.5) again.
Stock is trading above all key DMAs, showing strength relative to broader market.
📌 Entry Criteria (Breakout Plan)
🟢 Buy only on breakout above ₹106.50, if and only if:
✅ Volume spike — minimum 4x avg volume of recent sessions
✅ Wide-bodied green candle
✅ Minimal upper wick — clean breakout confirmation
✅ Broader index context supportive (Nifty above 200/50 DMA)
📊 Nifty 50 has broken out of a W-pattern; Nifty 500 yet to clear its 200 DMA — so maintain caution.
💰 Position Sizing Plan
📦 Add 30–40% of the intended quantity on breakout day if criteria are met
🌀 Add rest on retest of breakout zone (~₹106–₹108)
🎯 Targets & Stop Loss
SL: ₹95.80 (Closing basis)
🔻 Approx. 10% below breakout
Target Zone: Trail for 1:2 R:R minimum (~₹128–₹135+ depending on strength)
📊 Key Fundamentals Snapshot
Metric Value
P/E 33.8
ROE 10.5%
ROCE 10.9%
Book Value ₹27.4
Dividend Yield 0.00%
High/Low ₹114 / ₹77
➡️ Fundamentals indicate a young but stable NBFC — with scope for growth but not a deep-value play. Technicals currently lead the setup.
⚠️ Risk Management Note
Markets are recovering but not fully out of danger. Volatility can return fast. Respect SL. Avoid oversized bets. Trade only if the breakout is decisive and clean.
📌 Watchlist This Setup
Add alert above ₹106.5 with volume filter. Let the trade come to you. Patience + risk management is 🔑.
🧾 Disclaimer: This is an educational breakdown, not a stock recommendation. Please do your own research or consult a registered financial advisor before investing. 📉📈
📈 Price: ₹102.42 | 🏛 Market Cap: ₹10,970 Cr
🔍 Sector: NBFC | 📆 Timeframe: Daily
🧱 Structure Overview
Consolidating in a tight range since listing (Aug 2023), forming a solid base box between ₹77–₹106.
Approaching All-Time High zone (₹106.5) again.
Stock is trading above all key DMAs, showing strength relative to broader market.
📌 Entry Criteria (Breakout Plan)
🟢 Buy only on breakout above ₹106.50, if and only if:
✅ Volume spike — minimum 4x avg volume of recent sessions
✅ Wide-bodied green candle
✅ Minimal upper wick — clean breakout confirmation
✅ Broader index context supportive (Nifty above 200/50 DMA)
📊 Nifty 50 has broken out of a W-pattern; Nifty 500 yet to clear its 200 DMA — so maintain caution.
💰 Position Sizing Plan
📦 Add 30–40% of the intended quantity on breakout day if criteria are met
🌀 Add rest on retest of breakout zone (~₹106–₹108)
🎯 Targets & Stop Loss
SL: ₹95.80 (Closing basis)
🔻 Approx. 10% below breakout
Target Zone: Trail for 1:2 R:R minimum (~₹128–₹135+ depending on strength)
📊 Key Fundamentals Snapshot
Metric Value
P/E 33.8
ROE 10.5%
ROCE 10.9%
Book Value ₹27.4
Dividend Yield 0.00%
High/Low ₹114 / ₹77
➡️ Fundamentals indicate a young but stable NBFC — with scope for growth but not a deep-value play. Technicals currently lead the setup.
⚠️ Risk Management Note
Markets are recovering but not fully out of danger. Volatility can return fast. Respect SL. Avoid oversized bets. Trade only if the breakout is decisive and clean.
📌 Watchlist This Setup
Add alert above ₹106.5 with volume filter. Let the trade come to you. Patience + risk management is 🔑.
🧾 Disclaimer: This is an educational breakdown, not a stock recommendation. Please do your own research or consult a registered financial advisor before investing. 📉📈
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.