NSE:SBIN   STATE BK OF INDIA
Market Capital: 5,53,192 Cr.
Stock P/E: 8.11
ROCE: 5.20%
Company has delivered good profit growth of 76.1% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.3%
Company's working capital requirements have reduced from 152 days to 118 days

Symmetrical Triangle Pattern Breakout on Weekly Time Frame with good Volume.

Dip Buying Signal was @ 596 on daily as per our Customized Indicator, Targets: 637, 678, 719, 759, SL: 555DCB

Fresh Entry: 630 Above
Target: 750, 820 ++
SL: 565 WCB
Remark: Short Term

Disclaimer: Strictly for Educational and Learning Purpose.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.