Sbi Share Price Today on
On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 782.99 |
10 | 794.17 |
20 | 805.15 |
50 | 830.79 |
100 | 825.03 |
300 | 754.73 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹797.8, ₹802.65, & ₹810.55, whereas it has key support levels at ₹785.05, ₹777.15, & ₹772.3.
Till 4 PM today, the volume traded on NSE & BSE for Sbi was 57.38% higher 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's continued downtrend suggests a bearish trend is underway..
From a fundamental analysis perspective, the company has a ROE of 17.34%
The median 1-year forecasted upside in this share is at 17.47% with a target price of ₹930.75.
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 has gained 1.19% today, currently at ₹792.35, while its peers such as