Price Snapshot
Current price around : ~ ₹818
52-week high/low: ~ ₹875 / ₹680
Recent price action: modest upside from support, but resistance overhead
📈 Indicators & Momentum (Hourly Approx)
Moving Averages (short-period) are just below current price → giving support
Medium/longer hourly MAs (20-50 hr) are above → resistance zones
RSI (1-hour): neutral to slightly bullish, not overbought yet
Momentum indicators show mild strength but not a breakout — watching for volume to confirm
🧭 Short-Term Outlook
Bullish scenario: If SBI holds above ~₹820 and breaks past ~₹825-830, upward target could be ~₹840+
Bearish scenario: If it loses support around ~₹805-810, risk of pullback toward ~₹800 or below
Bias: Slightly bullish in the short term, provided support holds and resistance tests are successful
Current price around : ~ ₹818
52-week high/low: ~ ₹875 / ₹680
Recent price action: modest upside from support, but resistance overhead
📈 Indicators & Momentum (Hourly Approx)
Moving Averages (short-period) are just below current price → giving support
Medium/longer hourly MAs (20-50 hr) are above → resistance zones
RSI (1-hour): neutral to slightly bullish, not overbought yet
Momentum indicators show mild strength but not a breakout — watching for volume to confirm
🧭 Short-Term Outlook
Bullish scenario: If SBI holds above ~₹820 and breaks past ~₹825-830, upward target could be ~₹840+
Bearish scenario: If it loses support around ~₹805-810, risk of pullback toward ~₹800 or below
Bias: Slightly bullish in the short term, provided support holds and resistance tests are successful
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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.
Related publications
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.