State Bank of India (Daily)

Technical Analysis Trend: Strong uptrend with higher highs & higher lows. Structure: Fresh breakout above prior ATH zone near ₹995–1,000. Retest Behaviour: Prior resistance (~₹945–960) successfully retested and held. Momentum: Breakout came with wide-range bullish candle. Key Levels: Support: ₹960 → ₹945 → ₹912 Resistance: ₹1,000 → ₹1,050 zone Fundamental Analysis Business: India’s largest bank with diversified loan book. Earnings: Strong profit growth, improving ROA/ROE. Asset Quality: NPAs significantly reduced over last few years. Sector Tailwind: Credit cycle expansion + PSU bank rerating. Summary View Market leader with strong technical + fundamental alignment.