SBI is currently trading around the ₹1,035–1,040 zone after a recent pullback from higher levels. The stock remains in a medium-term uptrend, but it is consolidating near an important support area. A decisive move above resistance could restart the bullish trend, while a break below support may trigger further profit booking.
📈 Key Support Levels
S1: ₹1,023–1,025
S2: ₹1,006–1,010
Major Support: ₹990–995
📉 Key Resistance Levels
R1: ₹1,058–1,060
R2: ₹1,075–1,080
Major Breakout: ₹1,100–1,110
Trading Plan
Bullish Setup
Buy only if SBI closes above ₹1,060 with strong volume.
Upside targets:
🎯 ₹1,080
🎯 ₹1,100
🎯 ₹1,140
Stop-loss: ₹1,035
Bearish Setup
If SBI closes below ₹1,023, selling pressure may increase.
Downside targets:
🎯 ₹1,006
🎯 ₹990
Stop-loss for shorts: ₹1,040.
Technical View
Trend: Neutral to Bullish
Momentum: Consolidation after an uptrend
Volume Confirmation: Watch for a breakout above ₹1,060 with above-average volume before initiating fresh longs.
📈 Key Support Levels
S1: ₹1,023–1,025
S2: ₹1,006–1,010
Major Support: ₹990–995
📉 Key Resistance Levels
R1: ₹1,058–1,060
R2: ₹1,075–1,080
Major Breakout: ₹1,100–1,110
Trading Plan
Bullish Setup
Buy only if SBI closes above ₹1,060 with strong volume.
Upside targets:
🎯 ₹1,080
🎯 ₹1,100
🎯 ₹1,140
Stop-loss: ₹1,035
Bearish Setup
If SBI closes below ₹1,023, selling pressure may increase.
Downside targets:
🎯 ₹1,006
🎯 ₹990
Stop-loss for shorts: ₹1,040.
Technical View
Trend: Neutral to Bullish
Momentum: Consolidation after an uptrend
Volume Confirmation: Watch for a breakout above ₹1,060 with above-average volume before initiating fresh longs.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Verbundene Veröffentlichungen
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.