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DEEPAK PAL

9th Apr · SEBI-Registered Analyst

Detailed Technical Analysis SAMMAAN CAPITAL daily chart shows recent rally from ~₹146 low to ₹153+ high with strong green candles and higher highs/lows, indicating bullish momentum amid oversold bounce (RSI 34.9 recovering from 30, STOCH 23.7 upturn, Williams %R -94 oversold relief). MACD (-0.42) histogram contracting near signal line suggests potential crossover, while price holds above 5/10 SMA (₹131-132) but below 20 SMA ₹134, forming ascending channel with support at ₹146-148 (recent low + volume base). Upper resistance ₹155-158 (prior high + 38.2% Fib retrace), ADX 43 confirms downtrend exhaustion; sustained close >₹155 targets ₹165-170 (61.8% Fib), but failure at ₹150 risks drop to ₹140.

SAMMAANCAP
SAMMAANCAP
SAMMAANCAP
SAMMAANCAP
News Events & Impact Recent CCI approval for Avenir Investment's acquisition signals strategic foreign capital infusion, boosting liquidity/expansion but raising ownership concentration risks in NBFC space; positive for growth via global backing, potential 10-15% premium on deal closure. Rebranding from Indiabulls Housing to SAMMAAN CAPITAL completed FY24 enhances brand perception/customer trust, correlating with Q3 profit jump; no major negative news, traded volume ₹256 Cr indicates interest.
SAMMAANCAP
SAMMAANCAP
SAMMAANCAP
SAMMAANCAP
Global Cues & Impact Global: Geopolitical tensions (Ukraine/Middle East) spiked volatility but NBFC resilient; US Fed cuts echo RBI easing, positive for funding. War/oil surge indirect hit via inflation/higher rates hurting housing affordability; no direct exposure, business stable as domestic-focused.
SAMMAANCAP
Micro & Macro Events Micro: Q4 FY26 results on 04-Feb-2026 likely show steady margins (14-16%) on loan book growth, NPA control; board meets for dividends/bonus possible. Macro: RBI MPC repo decision (today), rate cuts favor NBFCs with lower funding costs; affordable housing push (PLI-like schemes) tailwinds, but high debt sensitive to liquidity tightening.
SAMMAANCAP

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Daily Technical Chart Analysis of SAMMAAN CAPITAL on 09042026.pdf
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