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2022 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
27 Thu Jan 528.95 503.55 530.85 503.20 354.09 lakhs
25 Tue Jan 514.65 490.00 517.50 489.00 217.92 lakhs
24 Mon Jan 494.15 502.40 506.80 488.00 202.34 lakhs
21 Fri Jan 502.70 505.30 507.50 498.00 169.48 lakhs
20 Thu Jan 511.40 516.00 519.15 508.00 177.25 lakhs
SBIN chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 517.5, but if it comes below 517.5, then a intra day sell could be more profitable.
If you take a sell trade below 517.5, then use 517.5 as stoploss and 498.49 as target. However if you take a buy trade in stock , then use 517.5 as stoploss and 540.4 as target.

  • Daily Price action analysis of SBIN based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

  • Daily Price action analysis of SBIN based on a short to mid 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.

  • Daily Price action analysis of SBIN based on a mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Intraday technical analysis of State Bank

Stock is trading at 526.25 as on 28 Fri Jan 10:20

Day open is at 534.00, day high is at 536.40, day low is at 525.20, and day volume is at 494.37 lakhs so far.

First 15 minute high low range is 529.50 - 536.40

First hour high low range is 529.50 - 536.40

Date Intraday Price Open High Low Volume
28 Fri Jan 10:20 526.25 534.00 536.40 525.20 5954246
28 Fri Jan 10:15 526.60 534.00 536.40 526.50 5529875
28 Fri Jan 10:10 527.80 534.00 536.40 527.50 5163087
28 Fri Jan 10:05 529.60 534.00 536.40 529.05 4673513
28 Fri Jan 10:00 531.00 534.00 536.40 529.50 4301947
Intraday SBIN chart

Prices of State Bank are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

State Bank (SBIN) intraday stock price targets

  • EntEntry: 532.95 or 523.4625
  • Upside target: 536.4
  • Downside target : 522.6
  • Second Upside target: 543.73
  • Second Downside target : 516.08

State Bank (SBIN) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 528.95 502.40 488.00
530.85
774.349 lakhs
21 Fri Jan 502.70 508.00 498.00
519.15
807.668 lakhs
14 Fri Jan 508.35 493.35 492.50
513.50
656.054 lakhs
07 Fri Jan 491.25 462.00 460.10
501.95
1020.525 lakhs
31 Fri Dec 460.45 453.70 448.50
462.90
683.31 lakhs
weekly SBIN chart

Weekly forecast of State Bank is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly 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.

Weekly Price action analysis of State Bank based on a short to mid 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.

State Bank (SBIN) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 528.95 462.00 460.10
530.85
3258.596 lakhs
31 Fri Dec 460.45 464.45 443.00
500.45
3271.579 lakhs
30 Tue Nov 460.55 508.50 454.30
542.30
4822.716 lakhs
29 Fri Oct 502.15 448.50 443.80
526.85
4539.803 lakhs
30 Thu Sep 453.00 427.50 425.10
471.90
4087.635 lakhs
monthly SBIN chart

Monthly forecast of State Bank is positive. Buyers dominated the stock this month, and this trend might continue for a few days

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

State Bank Daily stock price targets

  • Upside daily target: 543.73
  • Downside daily target: 516.08
  • Downside daily target: 481.68

State Bank Weekly stock price targets

  • Upside weekly target: 551.33
  • Downside weekly target: 521.43
  • Downside weekly target: 490.93
  • Downside weekly target: 463.73
  • Downside weekly target: 438.98

State Bank Monthly stock price targets

  • Upside monthly target: 565.28
  • Downside monthly target: 512.69
  • Downside monthly target: 485.85
  • Downside monthly target: 461.73
  • Downside monthly target: 439.05
  • Downside monthly target: 415.54
  • Downside monthly target: 389.13
  • Downside monthly target: 362.7
  • Downside monthly target: 342
  • Downside monthly target: 312.1

State Bank (SBIN) indicators technical analysis

Price action analysis of State Bank (SBIN) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for State Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

State Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 512.68 and State Bank SBIN stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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