SBIN 754 - a good to buySBIN 754 has given inverted HS pattern which suggests it as a good to buy for target 855
in.tradingview.com/symbols/NSE-SBIN/
What is SBIN stock forecast?
We've gathered analysts' opinions on STATE BANK OF INDIA future price: according to them, SBIN price has a max estimate of 1,050.00 INR and a min estimate of 700.00 INR. Watch SBIN chart and read a more detailed STATE BANK OF INDIA stock forecast: see what analysts think of STATE BANK OF INDIA and suggest that you do with its stocks.
SBIN trade ideas
Long SBIN - Trading exactly at Rev/share = 1.As per the Revenue Grid indicator, SBI is trading exactly at it's Revenue per share value. That means current price of 1 share is same as that of the revenue it is generating per share. Historically it has traded around this valuation. But given the steady growth of SBI over the years, This is a good price to buy for long term. Happy Trading :)
SBIN KEY LEVELS FOR 18/02/2025//description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
Explanation:
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
Entry/Exit Points:
- Entry/Exit Lines: Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- Stop Loss: For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- Take Profit: For long trades, target the next RED line above. For short trades, target the next BLACK line below.
Timeframe:
Use a 5 mins timeframe for trading.
Risk Disclaimer:
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBIN KEY LEVELS FOR 17/02/2025//description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
Explanation:
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
Entry/Exit Points:
- Entry/Exit Lines: Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- Stop Loss: For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- Take Profit: For long trades, target the next RED line above. For short trades, target the next BLACK line below.
Timeframe:
Use a 5 mins timeframe for trading.
Risk Disclaimer:
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBI Downside Target for Buying is 685 -7001. **State Bank of India (SBI)** is India's largest public sector bank, headquartered in Mumbai.
2. It was established in 1955 and has a vast network of branches and ATMs across the country.
3. SBI offers a wide range of banking services, including retail, corporate, and international banking.
4. The bank plays a crucial role in India's economy, supporting financial inclusion and digital banking initiatives.
5. With a strong global presence, SBI operates in multiple countries, serving millions of customers worldwide.
SBIN Chart Frame State Bank of India (SBI) is the largest commercial bank in India, offering a wide range of financial services. Established in 1955, it has a vast network of branches and ATMs across the country. SBI provides services like retail banking, corporate banking, and investment banking, catering to both individuals and businesses. It is a government-owned bank, with its headquarters in Mumbai, Maharashtra. SBI plays a key role in the Indian economy, offering various loan products, savings accounts, and digital banking services.
SBIN KEY LEVELS FOR 03/02/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 mins timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBIN | LONG | BTSTSBIN is also reversing as is the case with HDFC BANK, ICICI BANK. This is why my earlier post of BANK NIFTY Long reversal was put out. Naturally when heavyweights behave similarly, the Index will also move accordingly.
My forecast is that SBIN will also achieve a Target of 782 in the coming day or two.
P.S. This is not a Recommendation. Please do your own research and due diligence before getting into any trades.
SBIN KEY LEVELS FOR 27/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBIN KEY LEVELS FOR 23/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBI Looks BullishIn its Q2 results for FY2024-25, SBI reported:
A consolidated net profit of ₹19,782 crore, marking a 23% increase from the same period the previous year.
Total income rose to ₹1.29 lakh crore from ₹1.12 lakh crore year-on-year.
Gross non-performing assets (NPA) ratio improved to 2.13% from 2.21% in the previous quarter.
SBIN Setup-Long changesSBIN
MTF Analysis Price
SBINYearly Demand 542
SBIN 6 Month Demand 660
SBINQtrly Demand BUFL 660
SBINMonthly Demand 752
SBINWeekly Demand 763
SBINWeekly Demand 660
SBINDaily Demand DMIP 718
ENTRY -1 Long 763
SL 732
RISK 31
REWARD 143
Target as per Entry-1 906
RR 5
Last High 875
Last Low 732
ENTRY -2 Long 699
SL 637
RISK 62
REWARD 275
Target as per Entry-2 974
RR 4
Last High 912
Last Low 637
Trade Set Up
In case SL Hit in Trade-1 -93,000
Buy Volume -1 As per Entry-1 3,000
Buy Volume -2 As per Entry-2 3,000
Average Buy Price 699
Trade Value 2,097,000
SL Point 637
RISK 62
Exit Target 974
Target Value 2,922,000
Profit Target 825,000
RISK Value 186,000
Risk to Reward 4
SBIN LONGSBIN
MTF Analysis
SBINYearly Demand 542
SBIN 6 Month Demand 660
SBINQtrly Demand BUFL 660
SBINMonthly Demand 752
SBINWeekly Demand 763
SBINWeekly Demand 660
SBINDaily Demand DMIP 678
ENTRY -1 Long 763
SL 732
RISK 31
Target as per Entry 1,018
RR 8
Last High 875
Last Low 732
ENTRY -2 Long 678
SL 637
RISK 41
Target as per Entry 1,187
Last High 912
Last Low 637
SBIN LONGSBIN
MTF Analysis
SBINYearly Demand Breakout 660
SBIN 6 Month Demand Breakout 620
SBINQtrly Demand 660
SBINMonthly Demand 793
SBINWeekly Demand 764
SBINDaily Demand DMIP 712
ENTRY -1 Long 794
SL 720
RISK 74
Target as per Entry 1100
RR 4.1
Positional Target 1156
Target Points 306
Recent High 911
Last Swing Reversal 730
SBIN : at Wave C completion zoneSBIN Analysis (20th Dec 2024)
The chart of SBIN (State Bank of India) illustrates an extended retracement to mitigate liquidity, a failed breakout (BO), and a corrective wave completion. Let us dive into a step-by-step educational breakdown of actionable levels.
Current Structure:
The price has recently formed a corrective wave structure (A-B-C) and is trading near a potential demand zone around 818-834.
The first target zone lies between 850-852. Further breakout could lead to an extended target between 900-912.
The stop-loss is below 814, where failing the deep retracement may result in bearish continuation.
Action Plan:
Buying Opportunity: Consider entering near 818-834, as this aligns with the golden retracement zone. This is a low-risk entry given the confluence of previous support and corrective wave completion.
Targets: Book partial profits around 850-852. If momentum sustains, trail stop-loss to 845 and aim for 900-912 as the extended target.
Stop Loss: Place a stop-loss below 814 to manage risk. A failure here could invalidate the setup, resulting in further downside risk.
Risk-Reward Ratio: Buying around 830 with a target of 850 (initial) and 900 (extended) offers a risk-reward ratio of approximately 1:3, making it a favorable trade setup.
Key Educational Note:
Green trendlines denote bullish movement, while red illustrates potential bearish risks. The yellow trends indicate a sideways range, highlighting consolidation zones.
Disclaimer: This is not financial advice. Always consult with a SEBI-registered advisor before trading. Like and share if you find this analysis helpful!