"SBIN Weekly Breakout: Target ₹950–₹1,000 with a Stop at ₹820"

State Bank of India (SBIN) has broken above a multi-month resistance trendline on the weekly chart with strong bullish momentum and volume. The breakout is supported by a positive RSI and rising moving averages, confirming strength.

Buy Price: ₹857 (current close)

Target: ₹950–₹1,000

Stop-Loss: ₹820–₹830

Trade Plan: Buy on weekly close above resistance. Target the next psychological and technical resistance zone. Maintain tight stop-loss below breakout levels to manage risk.

Chart and technicals suggest a sustained move up if support holds!