BUY : SBIN-EQ( SBIN ) [3045]

RA Name: MANJUSHRI SHARMA

Technical Analysis:

📈 INTRADAY TRADE ALERT – BUY
🔍 Stock: State Bank of India (SBIN-EQ)
📅 Date: 13th October 2025
🧠 By: Manjushri Sharma | Equity Guru MS
📜 SEBI Reg. No.: INH000019497

💡 Trade Setup

🔍 Technical Insight

• Price Action: Breakout above ₹884 indicates bullish strength and trend continuation.

• Support Zone: ₹874 acts as near-term support and ideal SL placement.

• VWAP & EMA: Price trading above VWAP and 20 EMA confirms intraday bullish momentum.

• Volume Analysis: Rising buy-side volume post 10:00 AM supports institutional accumulation.

• Chart Structure: Symmetrical triangle breakout seen on 5-min & 15-min charts, confirming upside bias.

📘 Trading Strategy
✅ Buy Zone: Only above ₹884 with volume confirmation.
🚫 Stop Loss: ₹874.
🎯 Target 1: ₹894 → Book partial profits.
🎯 Target 2: ₹904 → Trail SL to ₹886 after T1.
🕒 Exit Timing: Square off all positions by 3:15 PM or hold for BTST if closing above ₹890+.

⚠️ Important Notes
❗ Enter only after confirmed breakout above ₹884 with strong volume.
🔄 Avoid buying near resistance or during low liquidity.
🚫 Always maintain stop loss; risk discipline is mandatory.

🔐 Issued by:
Manjushri Sharma
📈 SEBI Registered Research Analyst
📞 6269562635 | 📧 sharma.manjushri@gmail.com

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