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On the technical front, the stock is trading above 5,10,20,50,300 day SMA and below 100 day SMA. The stock will find support at 5,10,20,50,300 day SMA and face resistance at 100 day SMA. The SMA values ​​for the stock are given below:

day simple moving average

5 796.25

10 792.66

20 792.88

50 804.87

100 824.31

300 773.14

Classic pivot level analysis shows that on the daily time frame, the stock has key resistances at ₹807.4, ₹810.4, and ₹813.3, while it has key support levels at ₹801.5, ₹798.6, and ₹795.6.

Overall, according to Mint technical analysis, the stock has crossed important resistance levels, which could lead to further price increases in the future.

From a fundamental analysis perspective, the company's ROE is 17.34%. The stock's current P/E stands at 10.58 and P/B at 1.64.

The average 1-year predicted upside for this stock is 15.25% with a target price of ₹929.00.

The company has 0.00% promoter holding, 10.64% MF holding and 10.70% FII holding, as per September quarter filing.

MF holding has increased from 10.40% in June to 10.64% in the September quarter.

FII stake has declined to 10.70% in the September quarter from 11.15% in June. SBI's share price is trading 0.19% higher at ₹806.1 today, while its rivals are mixed. Its rivals like ICICI Bank, Kotak Mahindra Bank are falling today, but its rivals HDFC Bank, Axis Bank are rising. Overall, benchmark indices Nifty and Sensex are down -0.1% and -0.07% respectively.