Stock of Interest

Posted On: September 15, 2023

Stock Report: SBILIFE(NSE) 14 Sep 2023

SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the non-Participating segment. 

#xCalData predicts that #SBILIFE will continue its bullish phase over the next five days and trend within the range of 1330 to 1409.   

In comparison to the previous month, the price of the stock has experienced an increase of 4.29% indicating a bullish. 

The Stock has doubled once since 08 Nov 2017 and took an average of 4.2 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Relative Strength indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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