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2025-09-30 11:10:22 am | Source: Religare Broking Ltd
Stock of the day : State Bank of India Ltd by Target Rs. 920 - Religare Broking Ltd
Stock of the day : State Bank of India Ltd by Target Rs. 920 - Religare Broking Ltd

State Bank of India Ltd

 

Buy State Bank of India Ltd CMP 870.75 Range 868-872 SL 845 Target 920

* SBIN exhibits a robust technical structure with pronounced bullish bias, confirming persistent upward momentum.

* A decisive breakout from the prior consolidation phase, supported by strong volume participation, further validates the prevailing uptrend.

* Price action remains comfortably positioned above key exponential moving averages (21 and 50 DEMA), reflecting underlying strength.

* Investors may evaluate initiating long positions within the recommended levels.

 

 

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