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(SBIN) State Bank complete technical analysis [charts+indicators] | Buy/Sell State Bank | (SBIN) share price targets

Complete technical analysis of State Bank (SBIN) by charts plus indicators, forecast predictions and share price targets for State Bank (SBIN)

State Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-04-29 View latest technical analysis

10 day averaged volume of State Bank is 15386505

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	826.50	807.00	831.25	798.70	1.774 times
26 Fri Apr 2024	801.30	815.90	816.90	798.90	0.973 times
25 Thu Apr 2024	812.70	770.65	814.40	769.65	2.387 times
24 Wed Apr 2024	773.10	778.50	778.50	770.20	0.51 times
23 Tue Apr 2024	773.00	770.35	777.70	765.55	0.799 times
22 Mon Apr 2024	766.10	754.15	769.00	750.45	1.134 times
19 Fri Apr 2024	750.45	734.50	752.00	732.05	0.708 times
18 Thu Apr 2024	744.80	752.05	759.95	742.00	0.948 times
16 Tue Apr 2024	751.70	751.25	754.90	744.40	0.867 times
15 Mon Apr 2024	757.50	759.80	763.30	748.75	0.738 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 815.1, for a target of 790.7 or 770.36

Share price targets for State Bank (SBIN)

Target Type	Value
Downside Target	566.55
Downside Target	600.65
Downside Target	633.25
Downside Target	651.75
Downside Target	719.80
Downside Target	750.45
Downside Target	777.50
Downside Target	780.70
Downside Target	793.40
Downside Target	798.70
Downside Target	816.90
Upside Target	831.25

Intraday share price targets for State Bank (SBIN)

Target Type	Value
Downside Intraday Target	806.38
Downside Intraday Target	786.27
Upside Intraday Target	838.93
Upside Intraday Target	851.37
Downside Intraday Target	818.82

Weekly technical analysis of State Bank (SBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	826.50	807.00	831.25	798.70	0.306 times
26 Fri Apr 2024	801.30	754.15	816.90	750.45	1.78 times
19 Fri Apr 2024	750.45	759.80	763.30	732.05	1.086 times
12 Fri Apr 2024	766.30	766.05	780.70	761.10	0.654 times
05 Fri Apr 2024	764.75	759.05	775.30	752.10	1.063 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of State Bank (SBIN)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	826.50	759.05	831.25	732.05	0.787 times
28 Thu Mar 2024	752.35	752.00	793.40	719.80	0.671 times
29 Thu Feb 2024	748.10	642.75	777.50	633.25	1.444 times
31 Wed Jan 2024	640.50	642.20	651.75	600.65	1.041 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of State Bank (SBIN)

Price action analysis of State Bank ( (SBIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of State Bank ( (SBIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of State Bank ( (SBIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for State Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for State Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

State Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for State Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of State Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 785.63 and State Bank (SBIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the State Bank (SBIN) stock. Volume based technical analysis of State Bank (SBIN) stock is negative.

State Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.