Chandan Taparia picked State Bank of India as his preferred PSU bank pick, noting a conditional bottoming setup

Wed 7 Oct 2026

Major support

930 rupees

Hold level for bottoming

965 to 970 rupees

Heard on business television between 09:11:06 - 09:14:06 IST.

• Taparia said SBI's major support is at 930.
• He noted the medium-term structure is negative with lower top lower bottom on weekly chart.
• He said if SBI holds above 965-970, there would be a conditional trade and bottom-out approach.

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