SBIN last day candle analysis
On Tuesday, Dec 03, 2024, STATE BANK OF INDIA (SBIN.NS) in the Finance sector showed bullish momentum.
The stock opened with a gap up at ₹838.00, compared to the previous close of ₹836.40. The stock hit a high of ₹856.60 and a low of ₹836.90, creating a trading range of ₹20.20.
The price movement was 1.90% higher than the opening price.
The stock traded 12,183,034 shares, showing a modest -18.82% change compared to the average of 15,007,494 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock showed a wide trading range, indicating high volatility (the stock surged from ₹836.90 to ₹856.60, a large movement).
This fits perfectly with the overall market trend, which is bullish right now.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.