Search+Investment IdeasSynopsisState Bank of India has delivered a sideways range breakout supported by solid volumes, holding strong above key EMAs. Choice Broking recommends a Call Ratio Spread derivative strategy for August expiry, targeting upside levels of Rs 1,100-1,125 with a favourable risk-reward ratio of 1:2.51.SBI is currently trading around Rs 1,082 and has recently given a decisive sideways range breakout on the daily timeframe, indicating renewed buying interest. The breakout was supported by healthy volume, adding strength to the move. Post breakout, the stock successfully retested the breakout zone, took support and resumed its upward movement, confirming the validity of the breakout.133196911The stock is trading comfortably above all its key 20, BYHitesh TailorETMarkets.com 3 mins readAug 13, 2026, 09:05:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership