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State Bank of India (SBIN.NS) - Current Technical Analysis - May 29, 2025

Current technical analysis for State Bank of India (SBIN.NS) shows the stock is currently trading at ₹798.10, with a +0.19% change from the previous close. The stock is currently in a Uptrend.

Current Price ₹798.10
Day Change +0.19%
Trend Uptrend

AI-Powered Market Prediction

This prediction is generated using artificial intelligence that combines technical indicators with machine learning models.

Market Direction: BULLISH

AI Confidence Score: 85%

Intelligent analysis combining multiple data sources for State Bank of India.

Analysis Confidence Factors:

  • Uptrend confirmed

Market Assessment:

  • Direction: BULLISH
  • Action: Consider long positions near support levels
  • Risk Level: Moderate
  • Bullish Probability: 100%
  • Bearish Probability: 0%

Price Targets:

  • Target 1: ₹799.15
  • Target 2: ₹801.35
  • Stop Loss: ₹796.63
  • Risk/Reward Ratio: 1:0.7

AI-Optimized Intraday Levels

These levels are calculated using artificial intelligence that analyzes historical patterns and market behavior.

AI Buy Zone

₹795.75 - ₹797.22

AI-suggested accumulation zone | Stop Loss: ₹794.57

AI Sell Zone

₹798.98 - ₹800.45

AI-suggested distribution zone | Stop Loss: ₹801.63

AI-Generated Pivot Levels

Level Price AI Recommendation
R3 ₹802.51 Strong Sell (High probability reversal)
R2 ₹801.04 Sell / Book Profits
R1 ₹799.57 First Target / Partial Booking
Pivot ₹798.10 Decision Point
S1 ₹796.63 First Support / Buy on Dips
S2 ₹795.16 Strong Buy
S3 ₹793.69 Aggressive Buy (High probability bounce)

Expected Market Movement

AI analysis indicates low volatility with expected movement of ±0.37%.

Position sizing recommendation: Can use larger positions due to low volatility.

Technical Overview

Current technical indicators show the following momentum signals:

  • RSI (14): 51.47 - Currently neutral
  • MACD: 0.0000 (Signal: 0.0000)
  • Moving Averages: SMA-20: ₹790.93, EMA-20: ₹794.87

Support and Resistance Levels

Key price levels based on technical analysis:

Resistance Levels

  • R1: ₹799.15 (0.1% away)
  • R2: ₹807.65 (1.2% away)

Support Levels

  • S1: ₹791.00 (0.9% away)
  • S2: ₹784.50 (1.7% away)
  • S3: ₹779.10 (2.4% away)

Trend Analysis

The stock is currently showing a Uptrend pattern based on moving average analysis and price action.

Performance Metrics:

  • 1-Day Change: +0.19%
  • 5-Day Change: +1.64%

The uptrend suggests bullish momentum, with buyers currently in control.

Trading Signals

Based on unified analysis combining technical indicators and AI predictions:

Signal Confidence:
85%
  • Strong Buy Signal - 85% confidence
  • Entry near ₹791.00
  • Low volatility - Normal position sizing

These signals represent a consolidated view eliminating contradictions between different analysis methods.

Conclusion

In summary, State Bank of India shows a BULLISH outlook with 85% confidence based on unified technical and AI analysis. The analysis shows high confidence in upward movement. Consider long positions near support levels

Key takeaways from unified analysis:

  • Market Direction: BULLISH (high confidence)
  • Risk Level: Moderate
  • Primary Target: ₹799.15
  • Stop Loss: ₹796.63
  • Risk/Reward Ratio: 1:0.7

This analysis combines multiple indicators and AI predictions to provide a clear, non-conflicting view of the market. Always use proper risk management and never invest more than you can afford to lose.

Disclaimer: This analysis is automatically generated by Artificial Intelligence and should not be considered as investment advice. Always conduct your own research and consult with financial advisors before making investment decisions.