"SBIN: PSU Banking की अटूट ताकत, नई ऊंचाइयों की उड़ान में तेजी से आगे बढ़ता राष्ट्रीय गौरव!"
Technical Analysis
Current price ₹1,198 (Feb 14, 2026 close), 52-week high ₹1,203.70/low ₹680; day's high ₹1,201/low ₹1,184.50, volume elevated. New ATH since Oct 2025 (~₹918), up 30% in 1Y/286% in 5Y; trading above all EMAs (20/50/200), RSI ~77 (overbought but bullish momentum intact), MACD positive crossover, ADX confirming strong uptrend. Pivot: R1 ₹1,220, S1 ₹1,180; bullish flag/cup-and-handle patterns with high volume on upswings—rally likely to extend to ₹1,300+ (broker TPs ₹1,100-1,110). Position building viable on dips (buy above ₹1,180 support, SL ₹1,150).
Rally Continuation
Yes, breakout from ₹740-760 base, higher highs/lows structure, institutional buying; brokerages forecast 15-20% upside (HSBC/Goldman TP ₹1,110). NIM trajectory >3%, loan growth, asset quality support sustainability; overbought RSI may cause consolidation, but uptrend intact.
Recent News Events
Q3 results (Feb 6-7): Record profit boosted shares.
Investor meets: Feb 9-12 (in-person), Analyst Meet Feb 7 post-results.
Feb 12 strike: Limited operational impact warned. Overall impact: Positive sentiment, re-rating potential.
Positive News
Q3 profit +24%, NIM up, 13-15% loan guidance.
Bullish calls: HSBC Buy TP ₹1,110, strong ROA.
Best-in-class asset quality, deposit mobilization.
Negative News
Feb 12 strike minor disruptions.
Deposit mobilization challenges (market-linked savings).
Overbought RSI signals short-term pullback risk.
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