"State Bank of India — इस मुहूर्त से अगले मुहूर्त तक, ₹1000 की राह पर मजबूती और समृद्धि का सफर!"
Technical View
On the weekly and monthly charts, SBI has shown remarkable strength:
The stock has broken out above ₹740–₹760 zone, which acted as long-term resistance for nearly 8 months.
Sustained trading above major moving averages (20WEMA, 50WEMA, and 200DMA).
RSI (14): 68 – indicating healthy bullish strength without overbought stress.
MACD: Positive crossover confirms continuation of uptrend.
Volume trend: Rising volume during upswings indicates strong institutional participation.
Pattern Formation: A “bullish flag” and “cup & handle” pattern visible on higher timeframes, both of which are continuation patterns suggesting a further breakout toward ₹1,000+.

















