SBIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | SBIN | Market Cap | 9,87,910 Cr. | Current Price | 1,070 ₹ | High / Low | 1,235 ₹ |
| Stock P/E | 13.1 | Book Value | 585 ₹ | Dividend Yield | 1.49 % | ROCE | 6.37 % |
| ROE | 17.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,099 ₹ | DMA 200 | 966 ₹ |
| Chg in FII Hold | 0.77 % | Chg in DII Hold | -0.61 % | PAT Qtr | 21,028 Cr. | PAT Prev Qtr | 16,666 Cr. |
| RSI | 37.7 | MACD | -17.0 | Volume | 1,14,36,999 | Avg Vol 1Wk | 1,54,41,588 |
| Low price | 730 ₹ | High price | 1,235 ₹ | PEG Ratio | 0.43 | Debt to equity | 11.7 |
| 52w Index | 67.2 % | Qtr Profit Var | 24.5 % | EPS | 87.0 ₹ | Industry PE | 7.57 |
🔎 Analysis: SBIN is trading at ₹1,070, below its 50 DMA (₹1,099), showing short-term weakness. RSI at 37.7 indicates oversold conditions but without strong reversal signals. MACD remains negative (-17.0), suggesting bearish momentum. Volume is lower than the 1-week average, reflecting reduced intraday participation. Intraday trade is possible but requires strict discipline.
💰 Optimal Buy Price: ₹1,060–₹1,072 if price stabilizes near support.
📈 Profit Exit Levels: ₹1,085 (first target), ₹1,099 (second target near 50 DMA).
📉 Stop-Loss: ₹1,050 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹1,085 if momentum fades. Trail stop-loss below ₹1,060. Exit immediately if price breaks ₹1,050 with volume confirmation.
✅ Positive
- Quarterly profit growth: ₹21,028 Cr vs ₹16,666 Cr (+24.5%).
- ROE at 17.3% shows strong capital efficiency.
- PEG ratio of 0.43 indicates undervaluation relative to growth.
- FII holdings increased (+0.77%), signaling foreign investor confidence.
⚠️ Limitation
- ROCE is low at 6.37%, reflecting weaker efficiency.
- Debt-to-equity ratio is very high (11.7), raising leverage concerns.
- Stock P/E (13.1) is above industry average (7.57), making it relatively expensive.
- Intraday momentum indicators (RSI, MACD) remain weak.
📉 Company Negative News
- High leverage continues to weigh on fundamentals.
- DII holdings decreased (-0.61%), showing reduced domestic confidence.
📊 Company Positive News
- Strong quarterly earnings beat expectations.
- Dividend yield of 1.49% supports investor sentiment.
🏦 Industry
- Banking sector average P/E is 7.57, lower than SBIN’s 13.1.
- Sector rotation currently favors private banks, limiting PSU bank momentum.
📝 Conclusion
SBIN is fundamentally strong with robust earnings and ROE, but intraday trade setup is weak due to negative momentum indicators and lower-than-average volume. Traders should only consider entry near ₹1,060–₹1,072 with a strict stop-loss at ₹1,050. Profit-taking should be quick at ₹1,085–₹1,099. Intraday caution is advised as momentum remains fragile.
Would you like me to extend this into a sector basket overlay comparing SBIN with peers like PNB, Bank of Baroda, and Canara Bank? That way, you’ll see whether PSU banks as a group are showing intraday strength or weakness, which can sharpen your entry/exit confidence.