SBFC Finance Ltd – Breakout Watch (Positional Setup)🟩 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. 📉📈
