STATE BANK OF INDIA
Panjang

SBIN Swing for 30 days

**Technical Analysis for State Bank of India (SBIN):**

**Stock Symbol:** SBIN

**Timeframe:** 1-Day (1D)

**Pattern:** Bullish Pennant

**Entry Condition:**
If the 1-day candle closes above ₹653.

**Stop Loss:**
Set a stop-loss at ₹631 to manage potential risks.

**Target Prices:**
1. First Target: ₹700
2. Second Target: ₹720

**Trade Duration:**
Short-term swing trade with an expected target completion within a month.

**Disclaimer:**
The provided analysis is based on technical indicators and patterns observed in the market. Trading in stocks involves risks, and past performance is not indicative of future results. It is important to conduct thorough research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. The mentioned entry and exit points are suggestions and not guaranteed outcomes. The market is subject to change, and unforeseen events may impact stock prices. The user is solely responsible for their investment decisions.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.