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.
Trade ideas
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 : 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!
SBIN KEY LEVELS FOR 16/12/2024**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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 12/12/2024//@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.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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.
State Bank of India view for Intraday 5th Dec #SBIN State Bank of India view for Intraday 5th Dec #SBIN
Resistance 865. Watching above 866 for upside movement...
Support area 850 Below 855 ignoring upside momentum for intraday
Support 850 Watching below 848 for downside movement...
Resistance area 865
Above 855 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
SBI MID TERM ANALYSIS - 6 MONTHS SBI is at crucial junction for clear trend on either side, chart is signaling downtrend if we breach 685, before that there are few support levels within 100 points range of 805-690 and if SBI breaches 885 then can even witness levels upto 622.
Major short covering levels are :-
1. 726
2. 648
3. 622 - ULTIMATE LOW .
IF we have to avoid downtrend then we must cross 820 and sustain . All levels are marked in chart posted.
SBIN--Trendline Break & Retest?This stock is recently broken the strong resistance,
we detected a trendline break as well,
enter in long side when price touches these entry zone,
potential targets on the upside are TP1 at 863, TP2 at 881 and 899 levels.
Risk reward is also good in this trade.
Keep safe wait for the price to comes back to the entry zone.
enter anywhere between 825-818 zone , keep your stop loss 805 levels few pips below the support entry.
State Bank of India view for Intraday 12th Nov #SBIN State Bank of India view for Intraday 12th Nov #SBIN
Resistance 858-860. Watching above 863 for upside movement...
Support area 850. Below 850 ignoring upside momentum for intraday
Support 850.Watching below 848 for downside movement...
Resistance area 858-860
Above 858 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
State Bank of India view for Intraday 8th Nov #SBIN State Bank of India view for Intraday 8th Nov #SBIN
Resistance 858-860. Watching above 863 for upside movement...
Support area 850. Below 850 ignoring upside momentum for intraday
Support 850 .Watching below 848 for downside movement...
Resistance area 858
Above 860 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point






















