SBIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | SBIN | Market Cap | 9,86,245 Cr. | Current Price | 1,068 ₹ | 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 | 1,079 ₹ | DMA 200 | 989 ₹ |
| Chg in FII Hold | 1.07 % | Chg in DII Hold | -0.93 % | PAT Qtr | 21,028 Cr. | PAT Prev Qtr | 16,666 Cr. |
| RSI | 46.6 | MACD | 4.18 | Volume | 1,56,68,387 | Avg Vol 1Wk | 1,24,34,844 |
| Low price | 755 ₹ | High price | 1,235 ₹ | PEG Ratio | 0.42 | Debt to equity | 11.7 |
| 52w Index | 65.3 % | Qtr Profit Var | 24.5 % | EPS | 87.0 ₹ | Industry PE | 7.99 |
📈 Chart Patterns & Trend: SBIN is consolidating just below its 50 DMA (₹1,079) with price at ₹1,068. The 200 DMA (₹989) provides strong support. Trend bias is neutral-to-bullish, but momentum is subdued.
📊 Indicators: RSI at 46.6 signals mild weakness. MACD positive at 4.18 shows short-term bullish crossover. Bollinger Bands place price near mid-band, suggesting consolidation with breakout potential.
🔎 Volume: Current volume (1.56 Cr.) exceeds average weekly volume (1.24 Cr.), indicating active participation and accumulation interest.
🎯 Entry Zone: ₹1,050–₹1,065 (near support and 50 DMA)
🚪 Exit Zone: ₹1,200–₹1,225 (major resistance and prior high)
Positive
- Strong ROE of 17.3% and EPS of ₹87.
- Quarterly PAT growth of 24.5% (₹21,028 Cr. vs ₹16,666 Cr.).
- PEG ratio of 0.42 highlights undervaluation relative to growth.
- FII holdings increased by 1.07%, showing foreign investor confidence.
Limitation
- Weak ROCE at 6.37% limits efficiency.
- High debt-to-equity ratio of 11.7 raises leverage risk.
- P/E of 13.1 is above industry average (7.99).
- DII holdings decreased by 0.93%, reflecting domestic caution.
Company Negative News
- No major negative news reported recently, but leverage remains a structural concern.
Company Positive News
- Strong quarterly profit growth and stable dividend yield of 1.49%.
- Improved FII participation signals global investor confidence.
Industry
- Banking sector PE at 7.99 is lower than SBIN’s 13.1, suggesting premium valuation.
- Sector outlook stable with credit growth recovery and easing NPA pressures.
Conclusion
SBIN is consolidating near support with short-term bullish signals from MACD and volume. Entry near ₹1,050–₹1,065 offers favorable risk-reward, with exit around ₹1,200–₹1,225. Fundamentals remain strong, but leverage and efficiency metrics require monitoring.
Do you want me to also prepare a short-term intraday trade setup version of this report, with tighter entry/exit levels and momentum triggers, alongside this swing/investment view?