SBIN | TECHNO-FUNDA ANALYSIS

State Bank of India -1D

Trend: Strong uptrend continuation with steady higher highs and higher lows. The stock is currently trading near its supply level, showing signs of strength and potential ATH breakout continuation. Key Levels: ATH Breakout Level: ₹911.80 Supply Level: ₹896.80 Support Level: ₹851.75 Major Support Level: ₹835.60 Fundamentals (Key Points): 🏦 India’s largest PSU bank with diversified business segments. 💰 Strong profitability, improving asset quality, and declining NPAs. 📈 Consistent credit growth supported by strong retail and corporate loan demand. 💹 Improved CASA ratio and strong deposit base ensure steady NIMs. ⚠️ Minor consolidation expected post strong rally, but long-term trend remains bullish. Final Verdict: Bullish — Sustaining above ₹896 could trigger a move toward ₹920–₹940; good for momentum traders with SL below ₹851.