Stock of the day : State Bank of India Ltd by Target Rs. 965

2025-08-12 10:54:55 am | Source: Religare Broking

Stock of the day : State Bank of India Ltd by Target Rs. 965 - Religare Broking Ltd

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State Bank of India Ltd

Buy State Bank of India Ltd CMP 823.45 Range 820-824 SL 800 Target 860

* Banking stocks demonstrated notable strength, with SBIN emerging as one of the leading performer, attaining a three-week high.

* The stock exhibited a clear pattern of higher highs and higher lows, suggesting sustained short-term bullish momentum.

* Currently, prices are trading comfortably above key short- to medium-term technical indicators, specifically the 21- and 50-day exponential moving averages (DEMA).

* Investors may consider initiating long positions within the suggested levels.

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Stock of the day : State Bank of India Ltd by Target Rs. 965 - Religare Broking Ltd

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