SBI (State Bank of India) Bull Run Analysis – November
2025
Technical Overview
State Bank of India (NSE: SBI) has shown strong bullish momentum throughout the
second half of 2025. After breaking out from its consolidation phase near 740–780
levels, the stock has gained momentum supported by both Fibonacci retracement and
extension levels. Currently, SBI is trading near 950, sustaining well above key resistance
levels, indicating the continuation of the bull run toward the next Fibonacci extension
target.
Entry Reason (Technical Setup)
- Breakout Confirmation: Price successfully closed above the previous swing high around 911, confirming a bullish breakout.
- Higher High Formation: The stock is consistently forming higher highs and higher lows — a clear sign of trend continuation.
- Fibonacci Confluence:
- The price retraced and respected the 0.382 Fibonacci support zone around 768–795.
- now heading toward the 1.618 Fibonacci extension level at 1050–1055.
Disclaimer
- This analysis is for educational and informational purposes only. It is not investment advice or a recommendation to buy or sell any security. Stock markets involve risk — do your own research or consult with a registered financial advisor before making any investment decisions. The analysis is based on publicly available data and technical chart interpretation as of 10 November 2025.
🎯 SBIN Bull Run Trade Setup
| Parameter | Level | Remarks |
|---|---|---|
| Entry | ₹911 | Breakout confirmation level |
| Current Price | ₹950 | Trading above entry zone |
| Target (TP) | ₹1050–₹1055 | 1.618 Fibonacci extension |
| Stop Loss (SL) | ₹865 | Below previous swing low support |
| Risk–Reward Ratio | 1:3.2 | Favourable for swing traders |
Very nice.... Good analysis
ReplyDelete