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2020 State Bank (SBIN) technical analysis [forecast] stock price targets

State Bank technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

State Bank deals in Banks State Bank option chain analysis

Date Close Open High Low Volume
25 Fri Sep 182.20 179.00 182.75 176.15 465.51 lakhs
24 Thu Sep 176.35 181.10 181.80 175.50 461.15 lakhs
23 Wed Sep 183.80 188.15 188.95 181.00 443.22 lakhs
22 Tue Sep 186.20 186.15 188.30 181.15 512.16 lakhs
21 Mon Sep 185.80 193.05 193.50 184.25 576.15 lakhs
SBIN chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 187.2, but if it comes above 187.2, then a intra day buy could be more profitable.
If you take a sell trade below 187.2, then use 187.2 as stoploss and 173.4 as target. However if you take a buy trade in stock , then use 187.2 as stoploss and 198.65 as target.

  • Daily Price action analysis of SBIN based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of SBIN based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of SBIN based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of State Bank

Stock is trading at 185.30 as on 28 Mon Sep 10:00

Day open is at 184.00, day high is at 186.15, day low is at 183.35, and day volume is at 590.53 lakhs so far.

First 15 minute high low range is 183.35 - 185.60

First hour high low range is 183.35 - 186.15

Date Intraday Price Open High Low Volume
28 Mon Sep 10:00 185.30 184.00 186.15 183.35 9568723
28 Mon Sep 9:55 185.05 184.00 186.15 183.35 9230431
28 Mon Sep 9:50 185.40 184.00 186.15 183.35 8809121
28 Mon Sep 9:45 185.35 184.00 186.15 183.35 7878216
28 Mon Sep 9:40 185.85 184.00 186.15 183.35 6972806
Intraday SBIN chart

Trend of State Bank is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

State Bank (SBIN) intraday stock price targets

  • EntEntry: 184.48 or 180.9625
  • Upside target: 185.6
  • Downside target : 181.1
  • Second Upside target: 185.78
  • Second Downside target : 179.18

State Bank (SBIN) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 182.20 193.05 175.50
193.50
2458.19 lakhs
18 Fri Sep 192.60 205.90 189.70
206.20
2642.892 lakhs
11 Fri Sep 202.70 207.50 192.50
209.65
2588.301 lakhs
04 Fri Sep 206.60 231.55 205.90
231.55
3356.79 lakhs
28 Fri Aug 224.85 200.00 198.60
225.90
4029.979 lakhs
weekly SBIN chart

Weekly forecast of State Bank is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of State Bank based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Weekly Price action analysis of State Bank based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

State Bank (SBIN) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 182.20 213.10 175.50
219.00
9846.268 lakhs
31 Mon Aug 212.00 192.00 189.55
231.55
14558.221 lakhs
31 Fri Jul 191.45 179.45 178.60
202.50
15371.174 lakhs
30 Tue Jun 178.45 164.00 163.35
197.50
18355.384 lakhs
29 Fri May 161.30 182.45 149.45
183.50
12470.131 lakhs
monthly SBIN chart

Monthly forecast of State Bank is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of State Bank based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly Price action analysis of State Bank based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

State Bank Daily stock price targets

  • Upside daily target: 202.53
  • Upside daily target: 192.3
  • Downside daily target: 180.96

State Bank Weekly stock price targets

  • Upside weekly target: 239.03
  • Upside weekly target: 219.08
  • Upside weekly target: 206.18
  • Upside weekly target: 195.73
  • Upside weekly target: 183.85
  • Downside weekly target: 169.85

State Bank Monthly stock price targets

  • Upside monthly target: 339.18
  • Upside monthly target: 317.45
  • Upside monthly target: 294.95
  • Upside monthly target: 280.9
  • Upside monthly target: 254.43
  • Upside monthly target: 216.16
  • Upside monthly target: 205.05
  • Upside monthly target: 194.25
  • Upside monthly target: 184.63
  • Downside monthly target: 172.4
  • Downside monthly target: 160.93
  • Downside monthly target: 138.35
  • Downside monthly target: 115.98

State Bank (SBIN) indicators technical analysis

Price action analysis of State Bank (SBIN) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for State Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for State Bank in short term and the sell signal is strong.

State Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for State Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of State Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 190.31 and State Bank SBIN stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the State Bank SBIN stock. Volume based technical analysis of State Bank SBIN stock is negative.

State Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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chart SBIN