Stste Bank of India State Bank of IndiaNSE:SBINmadhu2811The weekly chart of State Bank of India (SBIN) shown here indicates a strong bullish setup emerging after a period of consolidation. The stock is currently trading at ₹880.65, approaching a major resistance zone near ₹920, last tested during previous rallies. Key Technical Observations Resistance and Breakout Level The stock faces a horizontal resistance at approximately ₹920.00, which has been tested multiple times in the past year but not decisively breached. A breakout above this level could open room for a potential rally towards the next major target near ₹1,080-1,100 as indicated by the arrow and line on the chart. Support ZonesStrong support is visible around ₹760 and further down at ₹745.75, with these levels holding as demand zones during prior corrections. Volume and StructureThe recent upward move is backed by increasing volume, indicating market participation and accumulation at current levels.