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DrAnandM
SBIN

SBI
long trade closed at 820 ish

Looks like we might test 760 soon

if held good

if not next 730
SBIN is likely to find support in this zone, as it previously gave a breakout from a short-term consolidation here. With a small stop loss, this trade looks promising.
Snapshot
SBIN is looking good on chart, now trading at important support zone, higher probabilityit should rise towars 815+ in coming few days.. we should keep a strict stop loss near to 785. overall it is looking good as technically.
Snapshot
SBIN

As of May 9, 2025, State Bank of India (NSE: SBIN) closed at ₹779.25. Based on various technical analyses, here are the key monthly support and resistance levels for SBIN:

📊 Monthly Support & Resistance Levels (May 2025)
Standard Pivot Points
Pivot Point: ₹839.43

Support Levels:
S1: ₹784.72
S2: ₹733.93
S3: ₹679.22

Resistance Levels:
R1: ₹890.22
R2: ₹944.93

Fibonacci Levels
Pivot Point: ₹784.72

Support Levels:
S1: ₹744.42
S2: ₹719.52
S3: ₹679.22

Resistance Levels:
R1: ₹825.02
R2: ₹849.92
R3: ₹890.22

Camarilla Levels
Pivot Point: ₹784.72

Support Levels:
S1: ₹778.98
S2: ₹769.31
S3: ₹759.64

Resistance Levels:
R1: ₹798.32
R2: ₹807.99
R3: ₹817.66

Woodie's Levels
Pivot Point: ₹785.70

Support Levels:
S1: ₹735.90
S2: ₹680.20

Resistance Levels:
R1: ₹841.40
R2: ₹891.2

Demark Levels
Support Level:
S1: ₹759.33

Resistance Level:
R1: ₹864.83

🔍 Observations
The stock is currently trading near the Camarilla S1 level of ₹778.98, indicating potential support.

The Fibonacci Pivot Point at ₹784.72 may act as a resistance if the stock attempts to move upward.

Key support levels to monitor include ₹733.93 (Standard S2) and ₹719.52 (Fibonacci S2).

Resistance levels to watch are ₹825.02 (Fibonacci R1) and ₹841.40 (Woodie's R1).
Snapshot
SBIN ltd

As of May 2, 2025, the State Bank of India (SBIN) is trading at ₹728.05, up 0.84% from the previous close of ₹722.00.

📈 2-Hour Intraday Support and Resistance Levels
Based on recent technical analysis and intraday chart patterns, here are the key support and resistance levels for SBIN on a 2-hour timeframe:

Immediate Support Levels:
S1: ₹723.00
S2: ₹718.00
S3: ₹710.00

Immediate Resistance Levels:
R1: ₹735.00
R2: ₹745.00
R3: ₹755.00

These levels are derived from recent price action and volume analysis, indicating potential breakout points and areas where the stock may find support.

🔍 Technical Indicators
50-Day EMA: ₹858.16 (Stock is trading above this level, indicating a bullish short-term trend)

100-Day EMA: ₹839.78 (Stock is trading above this level, indicating a bullish mid-term trend)

200-Day EMA: ₹812.92 (Stock is trading above this level, indicating a bullish long-term trend)

MACD: Bearish crossover observed, suggesting potential short-term weakness

RSI (14): Below 30, indicating oversold conditions

MFI (14): 24.19, suggesting sideways movement

CCI (20): Below -100, indicating oversold conditions

William %R (14): -78.98, indicating oversold conditions

ADX (14): Above 20 with +DI below -DI, indicating a downtrend

PSAR: 238.73, acting as a stop-loss for long positions

These indicators suggest a potential short-term pullback, but the overall trend remains bullish.

📊 Chart Patterns
A recent Cup and Handle pattern has been observed, with the price breaking out from the handle formation. The measured move suggests a potential target of ₹1,342.35, contingent upon sustained volume and price momentum.

⚠️ Important Notes
Risk Management: Always use appropriate stop-loss orders to manage risk.

Market Conditions: Intraday levels are subject to change based on market conditions and news events.

Consult Professionals: Consider consulting with a financial advisor before making investment decisions.
Snapshot