Sbi Share Price Today on
On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at 50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 789.16 |
10 | 792.40 |
20 | 792.02 |
50 | 806.22 |
100 | 824.35 |
300 | 771.76 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹808.73, ₹813.22, & ₹817.18, whereas it has key support levels at ₹800.28, ₹796.32, & ₹791.83.
Till 4 PM today, the volume traded on NSE & BSE for Sbi was -19.48% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
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 15.37% with a target price of ₹929.00.
The company has a 0.00% 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 0.66% today to trade at ₹805.25 while its peers are mixed. Its peers such as Axis Bank are falling today, but its peers HDFC Bank, ICICI Bank, Kotak Mahindra Bank are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.66% & 0.73% each respectively.
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