Sbi Share Price Today on
On the technical front, the stock is trading above the 10,20,300 days SMA & lower than the 5,50,100 day SMA. The stock will have support at 10,20,300 days SMA & face resistance at 5,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 799.53 |
10 | 793.10 |
20 | 796.66 |
50 | 820.62 |
100 | 826.85 |
300 | 763.88 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹801.97, ₹807.33, & ₹814.32, whereas it has key support levels at ₹789.62, ₹782.63, & ₹777.27.
Overall, as per Mint technical analysis, The stock is displaying strong indications of a trend reversal following a downtrend.
From a fundamental analysis perspective, the company has a ROE of 17.34%
The median 1-year forecasted upside in this share is at 16.69% with a target price of ₹930.00.
The company has a 57.54% promoter holding, 10.40% MF holding, & 11.15% FII holding as per filings in the june quarter.
The MF holding has increased from 10.36% in march to 10.40% in the june quarter.
The FII holding has increased from 11.09% in march to 11.15% in the june quarter.
Sbi share price up 1.19% today to trade at ₹797 while its peers are mixed. Its peers such as HDFC Bank, Axis Bank are falling today, but its peers ICICI Bank, Kotak Mahindra Bank are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.
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