State Bank of India Technical Analysis

State Bank of India Technical Analysis

State Bank of India technical analysis is gaining attention among traders and investors tracking State Bank of India Technical Analysis trends in the Indian stock market. State Bank of India (NSE: SBIN, BSE: 500112) is currently trading at ₹1068.45, showing a -1.70% move as of Mon, May 04, 2026.

This detailed State Bank of India technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

State Bank of India Stock Overview

State Bank of India operates in the Finance sector under the Regional banks industry. With a market capitalization of ₹10028.14B and a PE ratio of 11.65, State Bank of India remains a key stock to watch in State Bank of India Technical Analysis searches.

Key Metrics

• Market Cap: ₹10028.14B
• PE Ratio: 11.65
• Dividend Yield: 1.46
• Sector: Finance
• Industry: Regional banks

These fundamentals play an important role in State Bank of India technical analysis and valuation tracking.

State Bank of India Support and Resistance Levels

Classic Pivot Levels

In State Bank of India technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1341.87
• Resistance 2: 1198.82
• Resistance 1: 1133.63
• Pivot Point: 1055.77
• Support 1: 990.58
• Support 2: 912.72
• Support 3: 769.67

Conditional Insight

State Bank of India technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 990.58 and 912.72.

Fibonacci Levels Analysis

Fibonacci levels are widely used in State Bank of India technical analysis to identify retracement zones.

• Fibonacci R3: 1198.82
• Fibonacci R2: 1144.17
• Fibonacci R1: 1110.41
• Fibonacci Pivot: 1055.77
• Fibonacci S1: 1001.12
• Fibonacci S2: 967.36
• Fibonacci S3: 912.72

State Bank of India technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

State Bank of India Moving Average Analysis

Moving averages are key indicators in State Bank of India technical analysis for identifying trend direction.

• 10 EMA: 1083.17
• 20 EMA: 1080.06
• 30 EMA: 1080.22
• 50 EMA: 1078.71
• 100 EMA: 1052.26
• 200 EMA: 990.03

Trend Logic

State Bank of India technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in State Bank of India technical analysis remains positive above 200 EMA.

State Bank of India Technical Indicators Overview

Momentum Indicators

• RSI: 46.64
• MACD: 2.54
• Signal: 2.00
• ADX: 19.81
• Momentum: -11.85

RSI Logic

State Bank of India technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

State Bank of India technical analysis indicates bearish momentum with MACD below signal line.

State Bank of India Overall Recommendation

• Overall Recommendation Score: -0.13
• Moving Average Recommendation: -0.27
• Other Indicators Recommendation: 0

Overall State Bank of India technical analysis sentiment remains neutral with mixed signals.

State Bank of India Technical Analysis Conclusion

State Bank of India technical analysis suggests that traders should closely monitor price action around ₹1068.45 and key pivot level 1055.77. Breakouts above resistance or breakdown below support will define the next trend in State Bank of India technical analysis.

Investors searching for State Bank of India Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, State Bank of India technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.