SBIN - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.5

📊 Intraday Trading Analysis for SBIN

✅ Bullish Intraday Setup

Momentum Strength: RSI at 74.2 and MACD at 7.95 indicate strong bullish momentum, though RSI is nearing overbought territory.

Volume Surge: Current volume (1.11 Cr) is above the 1-week average (98.7L), confirming strong intraday interest.

Price Above Key Averages: Trading well above both 50-DMA (₹815) and 200-DMA (₹796), reinforcing short-term strength.

Strong Fundamentals: ROE at 17.3%, EPS of ₹81.8, and a low P/E of 10.8 vs industry PE of 7.91 suggest attractive valuation.

Institutional Support: DII holding increased by 2.16%, reflecting domestic confidence.

⚠️ Risks to Monitor

RSI Overbought: At 74.2, the stock may face resistance or profit booking.

High Debt-to-Equity (12.8): Typical for banks, but worth monitoring for volatility.

Price Near 52-Week High: ₹854 is close to the high of ₹876, which may act as a resistance zone.

🎯 Intraday Trade Plan

📌 Optimal Buy Price

Buy Zone: ₹848–₹854 (near current price, with confirmation from price action and volume)

📈 Profit-Taking Levels

Target 1: ₹865 (momentum extension)

Target 2: ₹872–₹875 (approaching 52-week high resistance)

📉 Stop-Loss / Loss Protection

Stop-Loss: ₹838 (below recent support and volume pivot)

⏱️ If Already Holding Today

🔄 Exit Signals

RSI Drops Below 71: Indicates fading momentum.

MACD Flattening or Crossdown: Suggests loss of bullish momentum.

Price Rejection at ₹865–₹875: If price fails to hold above this zone after multiple attempts.

This setup favors momentum-based scalping with tight risk control. SBIN is showing strength, but keep an eye on RSI and resistance zones for timely exits. Let me know if you'd like to track this live with a chart overlay or volume heatmap.

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