SBIN - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.2
| Stock Code | SBIN | Market Cap | 9,85,876 Cr. | Current Price | 1,068 ₹ | High / Low | 1,090 ₹ |
| Stock P/E | 13.8 | Book Value | 561 ₹ | Dividend Yield | 1.49 % | ROCE | 6.37 % |
| ROE | 17.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,003 ₹ | DMA 200 | 904 ₹ |
| Chg in FII Hold | 0.77 % | Chg in DII Hold | -0.61 % | PAT Qtr | 16,666 Cr. | PAT Prev Qtr | 19,160 Cr. |
| RSI | 61.2 | MACD | 17.7 | Volume | 76,77,292 | Avg Vol 1Wk | 1,30,01,334 |
| Low price | 680 ₹ | High price | 1,090 ₹ | PEG Ratio | 0.45 | Debt to equity | 12.0 |
| 52w Index | 94.7 % | Qtr Profit Var | -9.09 % | EPS | 83.1 ₹ | Industry PE | 7.88 |
📊 SBIN shows strong potential for swing trading. The stock is trading close to its 52-week high (1,090 ₹) with solid momentum indicators. RSI at 61.2 suggests moderate strength without being overbought, while MACD at 17.7 confirms bullish momentum. The valuation is reasonable with a P/E of 13.8 compared to the industry average of 7.88, supported by a healthy ROE of 17.3%. However, quarterly profit variation (-9.09%) and high debt-to-equity (12.0) warrant caution.
✅ Optimal Entry Price: Around 1,000–1,020 ₹ (near 50 DMA support)
🚪 Exit Strategy: If already holding, consider booking profits near 1,085–1,095 ₹ resistance zone, or exit if price falls below 980 ₹ support.
Positive
- Strong ROE at 17.3%, indicating efficient use of equity
- Reasonable P/E (13.8) compared to peers
- FII holdings increased (+0.77%), showing foreign investor confidence
- MACD positive, confirming bullish momentum
- PEG ratio at 0.45, suggesting undervaluation relative to growth
Limitation
- High debt-to-equity ratio (12.0), typical for banks but still a risk
- Quarterly profit variation (-9.09%) shows earnings pressure
- DII holdings decreased (-0.61%), indicating reduced domestic institutional support
- ROCE at 6.37%, relatively weak compared to ROE
Company Negative News
- Decline in quarterly PAT (16,666 Cr vs 19,160 Cr)
- Reduced DII participation, signaling cautious domestic sentiment
Company Positive News
- Consistent trading near 52-week highs, showing investor confidence
- Strong EPS (83.1 ₹) supports valuation
- Dividend yield at 1.49% provides passive income
Industry
- Banking sector remains a backbone of the economy
- Industry PE at 7.88, indicating SBIN trades at a premium due to scale and trust
- Sector outlook remains strong with credit growth and rising demand
Conclusion
⚖️ SBIN is a good candidate for swing trading with strong technical momentum and reasonable valuation. Entry near 1,000–1,020 ₹ offers a favorable setup, while profit booking should be considered around 1,085–1,095 ₹. Caution is advised due to high leverage and recent profit decline, but overall sentiment remains positive.