State Bank of IndiaState Bank of India is currently in a corrective phase after a sharp post-results fall. The stock is trading around the ₹945–₹955 zone and technical indicators remain weak in the short term, though long-term structure is still intact.
Short-term trend: Bearish to sideways
Medium-term trend: Range-bound
Long-term trend: Still bullish above ₹900
Bullish Scenario
Sustained move above ₹973 can trigger upside toward:
₹1000
₹1025
₹1050
Bearish Scenario
If ₹930 breaks decisively, downside may extend toward:
₹900
₹875
Sbin
Want to generate income even if SBI is falling?SBI gave 260 points rally in Jan-Feb, 56 days
It corrected 250 in March just within 34 days
April barely recovered 130 points and now it is falling again
What should be done?
Those who are holding the asset can start writing covered calls
till is remains below 1100 and reaches 950.
Near 950 levels we will revisit it and see how to trade.
SBIN - LongThe 2-hour chart of SBI shows a strong recovery after a prior downtrend, forming a rounded bottom structure. The stock has recently given a breakout above a key resistance zone (1080–1090) and is now sustaining above it, indicating strength. This zone is now acting as immediate support.
From a candlestick perspective, the price action shows higher highs and higher lows, along with strong bullish candles during the breakout, confirming buying momentum. Minor consolidation near current levels suggests healthy price action before the next move.
The price is trading above short-term EMAs, reflecting bullish momentum. RSI is around 57, indicating positive strength without being overbought.
Overall, the structure suggests a bullish continuation setup, with potential for further upside as long as the stock holds above support.
SBIN- 30% in the MakingThe Elephant is about to chase Faster-
SBIN has 30% pootential upside from CMP - 1107
1. Restested the 38.2% Fib of the entire upmove
2. Formed Inverse Head & Shoulder in the process of retesting.
3. Breakout Candle yesterday continuing it's uptrend
4.1.27 being Target 1- 1450
SBIN : Technical Chart Analysis (as of 25 March 2026)In SBIN ,
As long as price holds above ₹1,063 and the black trendline, the long-term uptrend remains valid. This could be a healthy shakeout after the parabolic move. A strong bounce here would target ₹1,150 → ₹1,200+ again.
Decisive close below ₹1,063 (especially with a daily candle close below the trendline) would be the first major breakdown in 7 months. That would open the door to ₹980–1,000 zone (next major support cluster).
The move from Feb to early March was a classic parabolic blow-off top. Such moves almost always correct 30–50% before the next leg up (if the larger trend is bullish). We are currently in that correction phase.
Bias = Cautiously Bullish while price stays above ₹1,063.
The long-term trendline is still holding, and the stock has not yet broken structure. However, momentum has clearly cooled after the March peak. Watch the next 2–3 trading sessions closely: Green candles + volume = potential reversal from support.
Red candles breaking ₹1,063 = trendline invalidation → deeper correction possible.
PSU Banks - Leader set to lead again!PSU Banks have been the undisputed leader of the upmove from April 2025 lows.
They have led every move up and made new highs while most of the market stayed range bound.
No reason for them to not do it again, as we are close to a short term bottom if not a positional bottom in indices.
Look for 15-20% moves in stocks in case of a short term bottom and a 60-80% move in case of a positional one.
Only market will tell which one is it.
PS: Not necessary that bottom in PSU Banks is done, there's scope of 3-5% more correction, but then why look to time the bottom when 15-20% move is incoming :)
A few stocks looking good:
BOI
Union Bank
SBIN:
CanBk
Indian Bank
SBI Buy - Range Breakout - Technical analysis#State Bank of India - #TechnicalAnalysis - #sbin
Price: 948.85 |
#Technical Setup
Pattern: #Swing trade setup with All-Time High (ATH) breakout confirmed on monthly chart. #Pullback/base formation in progress before next upward move.
Strategy: Conservative buy on breakout on candle-closing basis
Entry: Buy above 973.30
Stop Loss: 944.45
**Key Levels:**
- Target 1: 1,025.00
- Target 2: 1,055.80
- Grand Target: 1,144.00
- Support: 961.78 - 944.45
#Technical Observations
1. **Range & ATH Breakout** confirmed on monthly timeframe
2. Current pullback/base formation before next leg up
3. **EMA's aligned** confirming uptrend structure
4. **Hidden Divergence (HD)** formed in RSI - trend continuation pattern
5. Price action remains constructive on daily chart
⚠️ DISCLAIMER
**This is NOT investment advice.** This analysis is for educational purposes only. Stock trading involves substantial risk of loss. Past performance and technical patterns do not guarantee future results. Always conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions. The author assumes no responsibility for trading losses incurred.
#SBIN sell sell sell🚨 SBI Bank – Elliott Wave Update 🚨
• 📅 Cycle Start: 3rd March 2025 → Wave 1 high at ₹829
• 🔄 Wave 2: Running flat correction
• 📈 Wave 3: Rally to ₹1000 (26th Nov 2025)
• 🔄 Wave 4: Flat correction continues
• 🚀 Wave 5: Final push → ₹1234 (24th Feb 2026)
🔍 Key Observations:
• 📊 Clear divergence in Volume & MACD at the 5th wave top
• ⚠️ If this week closes below ₹1200, it signals the end of the impulsive cycle
• 📉 Short-side trade setup → downside target near ₹1000
SBIN looking bullish on the weekly charts. (18/08/2025)State Bank of India is trading around the resistance zone after convincingly breaking the trendline and taking support from the weekly moving averages.
The stock has closed at 826.55 this week gaining 2.77% week on week.
If the stock starts trading above 833, there are chance of it travelling till 860 levels in the coming month.
SBIN has posted good result as well.
Major resistance :- 833, 865
Entry :- Above 833
SL :- Below 818
The stock looks bullish on the daily and the weekly charts.
Wait for the stock to close above the resistance levels on the daily chart frame.
SBIN 1 Month Time Frame📊 1-Month Technical Summary
Overall Rating: Strong Buy
Technical Indicators:
Relative Strength Index (RSI): 71.165 – Suggests the stock is in overbought territory but still indicates buying momentum.
Moving Averages:
5-Day: ₹883.14
50-Day: ₹868.70
200-Day: ₹845.81
MACD: 5.170 – Indicates a bullish trend.
🔄 Pivot Levels (Classic Method)
Resistance Levels:
R1: ₹883.35
R2: ₹884.85
R3: ₹887.20
Support Levels:
S1: ₹879.50
S2: ₹877.15
S3: ₹875.65
Pivot Point: ₹881.00
LT 1D Time frameCurrent Snapshot
Current Price: ₹3,670.30
52-Week High: ₹3,963.50
52-Week Low: ₹2,965.30
Strategy & Outlook
Bullish Bias: The stock is in a short-term uptrend with positive momentum indicators.
Buying Opportunity: Consider entering near support zones (₹3,600–₹3,650) with a target towards ₹3,700–₹3,750.
Risk Management: Place stop-loss orders below the support levels to manage potential downside risks.
SUNPHARMA 1D Time frameCurrent Snapshot
Current Price: ₹1,636.20
52-Week High: ₹1,952.25
52-Week Low: ₹1,548.00
Strategy & Outlook
Bullish Bias: The stock is in a short-term uptrend with positive momentum indicators.
Buying Opportunity: Consider entering near support zones (₹1,600–₹1,610) with a target towards ₹1,650–₹1,670.
Risk Management: Place stop-loss orders below the support levels to manage potential downside risks.
BRITANNIA 1D Time frameCurrent Price: ~₹5,953.50
Day’s Range: ₹5,939.50 – ₹6,036.00
52-Week Range: ₹4,506.00 – ₹6,469.90
📏 Key Levels
Immediate Resistance: ~₹6,300
Next Resistance: ~₹6,470 (52-week high)
Immediate Support: ~₹5,800
Next Supports: ~₹5,600 and ₹5,300
🧠 Insights
If Britannia breaks above ₹6,300 with volume, it may push toward ₹6,470+ (new highs).
If it fails to break resistance, expect sideways movement or a pullback toward ₹5,800.
A break below ₹5,800 would signal weakness and can drag it down toward ₹5,600–₹5,300 levels.
HINDZINC 1D Time frameDay Range: ₹478.35 – ₹488.40
52-Week Range: ₹378.15 – ₹575.40
Volume: 284,459 shares traded
📉 Trend Analysis
The stock is in a downtrend, characterized by:
Lower highs and lower lows.
Failure to break above resistance levels.
The short-term trend remains bearish.
🔮 Conclusion
Hindustan Zinc is in a downtrend with weak momentum.
Break below ₹470.00 could lead to further decline toward ₹460.00.
Break above ₹495.00 would indicate a potential trend reversal.
BAJFINANCE 1D Time frameCurrent Price Snapshot
Current Price: ₹999.00
Day’s Range: ₹989.45 – ₹1,002.30
52-Week Range: ₹645.10 – ₹1,036.00
Technical Indicators
RSI (14-day): 59.37 — indicates a neutral to slightly bullish momentum.
MACD: -4.010 — suggests bearish momentum.
Moving Averages: Mixed signals — short-term averages are bearish, while long-term averages are bullish.
Technical Summary: Predominantly Buy signals across various indicators.
Summary
Above ₹1,002.30: Potential rise toward ₹1,020 – ₹1,030.
Below ₹989.45: Potential fall toward ₹980 – ₹970.
Between ₹980 – ₹1,010: Likely range-bound movement.
AXISBANK 1D Time frameTrading close to ₹1,130.
This is slightly below the earlier ₹1,160–₹1,170 zone we discussed, so the range shifts down.
🔼 Upside (Rise Possibility)
Immediate resistance near ₹1,140 – ₹1,145.
If price breaks and sustains above this, it can move to ₹1,155 – ₹1,165.
Strong momentum above ₹1,165 may extend toward ₹1,175.
🔽 Downside (Fall Possibility)
First support is at ₹1,120 – ₹1,115.
If that breaks, price could slip toward ₹1,105 – ₹1,095.
Closing below ₹1,095 would weaken the trend further.
✅ Summary for Today
Above ₹1,140 → rise possible till ₹1,155 – ₹1,165.
Below ₹1,120 → fall possible till ₹1,105 – ₹1,095.
Between ₹1,120 – ₹1,140 → sideways range.
RELIANCE 1D Time frameCurrent Market Snapshot
Current Price: ₹1,383.30
Opening Price: ₹1,381.60
Day’s Range: ₹1,379.00 – ₹1,386.90
Previous Close: ₹1,377.60
🔑 Technical Indicators
Relative Strength Index (RSI): 49.76 – indicating a neutral condition.
Moving Average Convergence Divergence (MACD): -3.20 – suggesting bearish momentum.
Moving Averages: Mixed signals; trading slightly below the 50-day and 200-day moving averages, indicating a neutral to bearish trend.
📈 Key Support & Resistance Levels
Immediate Support: ₹1,379
Immediate Resistance: ₹1,387
Pivot Point: ₹1,383
📉 Market Sentiment
Recent Performance: Reliance Industries experienced a decline of 0.82% on September 25, 2025, underperforming the broader market.
Volume: Trading volume is higher than average, suggesting increased investor activity.
📈 Strategy (1D Timeframe)
1. Bullish Scenario
Entry: Above ₹1,387
Stop-Loss: ₹1,379
Target: ₹1,395 → ₹1,400
2. Bearish Scenario
Entry: Below ₹1,379
Stop-Loss: ₹1,387
Target: ₹1,370 → ₹1,365
⚠️ Risk Management
Limit risk to 1% of capital per trade.
Always use stop-loss to protect against unexpected market movements.
Monitor broader market trends and sector-specific news that may impact stock performance.
BANKNIFTY 1D Time frameCurrent Level: ₹54,651
Opening Level: ₹54,460
Day’s Range: ₹54,366 – ₹54,686
🔑 Key Support & Resistance
Immediate Support: ₹54,500
Immediate Resistance: ₹54,800
Pivot Point: ₹54,651
📈 Strategy (1D Timeframe)
1. Bullish Scenario
Entry: Above ₹54,800
Stop-Loss: ₹54,500
Target: ₹55,100 → ₹55,300
2. Bearish Scenario
Entry: Below ₹54,500
Stop-Loss: ₹54,800
Target: ₹54,300 → ₹54,100
⚠️ Risk Management
Limit risk to 1% of capital per trade.
Always use stop-loss to protect against unexpected market moves.
Watch sector news and broader market trends that can impact BANKNIFTY.
ITC 1D Time frame📊 Updated Snapshot
Current Price: ~₹405
Day Range: ₹402 – ₹410
52-Week High: ₹499
52-Week Low: ₹399
📈 Technical Outlook
Support Zones:
Strong support at ₹405 (current zone)
Next support at ₹398
Resistance Zones:
Immediate resistance at ₹410–₹416
Next resistance at ₹421
Trend Bias: Weak bearish → stock is near 52-week low, testing crucial support.
📌 Step-by-Step View
If it holds above ₹405–₹398: Buyers may step in, possible bounce toward ₹416–₹421.
If it breaks below ₹398: More downside risk opens, weakness can extend further.
Upside revival only above ₹421 closing: That will change trend toward bullish.
SBI BANK |Neowave AnalysisNamaskaram Everyone
I trade using Neowave and on that I have created an trading setup, which is kind of automatic entry and exit with Neowave.
Neowave is kind of a method in which you synchronize all the price action across all the time frames. It hides all the noise and tells you market is bullish or bearish.
About Stock
This is not a trading idea, it would have been if updated few weeks back. Just a neowave counts update for some one who is already holding the stock.
Stock already started its rally in correction, if you get some retracement than buy it.
For coding style read the below post
If you have the stock than hold it and trail it as the counts proceed in future.
Like and share is appreciated.
Thank You
To understand how our coding works read the below post-
NSE:SBIN
BANKNIFTY 1D Time frame
Previous Close: 55,121
Today Open: 55,061
Day’s High: 55,276
Day’s Low / Last: 54,389
⚡ Strategy
For Intraday / Short-Term Traders:
If BankNIFTY holds above 54,400 – 54,500, a small bounce toward 54,800 – 55,000 is possible.
If it fails to hold 54,400, expect more downside toward 54,000 – 53,800.
Bullish View (Only if recovery): Buy above 54,800 for targets 55,100 – 55,250, SL below 54,500.
Bearish View (Preferred): Sell on rise near 54,700 – 54,900 with SL above 55,000, targets 54,300 → 54,000.






















