SBI Share Price Prediction for Monday 8 June 2026: F&O Levels and Technical Outlook

June 5, 2026
Posted by: Kunal Singla
Category: News

SBI Rs 977.70 (-0.16%) on 5 Jun. High Rs 992.60, low Rs 970.60. Support Rs 965, resistance Rs 995. Strongly Bullish. Monday 8 Jun.

The SBI prediction for Monday 8 June 2026 is Strongly Bullish as the stock closed at Rs 977.70 (-0.16%) on Friday 5 June 2026, declining from Rs 979.25. SBI approached the psychological Rs 1,000 level on Friday, touching Rs 992.60 before settling at Rs 977.70; the RBI dovish rate hold is the direct catalyst and the Rs 1,000 milestone remains unfinished business for Monday. The RBI held repo at 5.25% on Friday with a neutral-to-dovish stance — positive for banking and NBFC stocks on Monday 8 June. The SBI prediction for Monday is also shaped by the US Non-Farm Payrolls data released on Friday evening, which will determine Monday’s opening gap direction.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide the F&O levels and technical outlook for the SBI prediction for Monday 8 June 2026.

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Table of Contents

SBI Share Price Data for Monday 8 June 2026

Parameter	Value
CMP (5 June Close)	Rs 977.70
Previous Close	Rs 979.25
Change	-0.16%
Friday High	Rs 992.60
Friday Low	Rs 970.60
Volume	2.10 Cr
Sector	Banking-PSU
Support 1	Rs 965
Support 2	Rs 950
Resistance 1	Rs 995
Resistance 2	Rs 1010
Trend	Strongly Bullish

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SBI Prediction for Monday: Technical Analysis

Ankit Jaiswal observes that the SBI prediction for Monday is anchored at Rs 965 support. SBI approached the psychological Rs 1,000 level on Friday, touching Rs 992.60 before settling at Rs 977.70; the RBI dovish rate hold is the direct catalyst and the Rs 1,000 milestone remains unfinished business for Monday. A sustained hold above Rs 965 and a break above Rs 995 would confirm the Strongly Bullish thesis for the SBI prediction for Monday 8 June 2026.

Kunal Singla notes that the SBI prediction for Monday is influenced by the VIX at 15.79 (intraday low 13.46 on Friday) — a constructive signal for controlled directional moves on Monday. SBI F&O is among the top 5 most active contracts. Put OI at Rs 965-970 is a strong floor. A Monday break above Rs 992.60 Friday high would be the trigger for Rs 1,000-1,010. Volume of 2.1 Cr confirms institutional interest in the Monday prediction.

SBI F&O Analysis for Monday 8 June 2026

SBI F&O is among the top 5 most active contracts. Put OI at Rs 965-970 is a strong floor. A Monday break above Rs 992.60 Friday high would be the trigger for Rs 1,000-1,010. Volume of 2.1 Cr confirms institutional interest in the Monday prediction. The F&O range for SBI on Monday is between Rs 965 (Put OI support) and Rs 995 (Call OI resistance).

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Risks for SBI Prediction for Monday

Asset quality risks in agriculture and MSME segments is the primary risk for the SBI prediction for Monday.
US NFP reaction on Monday open could create a gap that invalidates the entry zone.
FII selling (net Rs -4,475.76 Cr on 4 June) remains a headwind for all index stocks.
A Nifty 50 breakdown below 23,200 would drag most index stocks lower on Monday.

Conclusion

The SBI prediction for Monday 8 June 2026 is Strongly Bullish with Rs 965 as key support and Rs 995 as the critical resistance. SBI approached the psychological Rs 1,000 level on Friday, touching Rs 992.60 before settling at Rs 977.70; the RBI dovish rate hold is the direct catalyst and the Rs 1,000 milestone remains unfinished business for Monday. Ankit Jaiswal and Kunal Singla recommend waiting for the first 15-minute candle on Monday before taking directional positions in SBI. Data is sourced from open public platforms including NSE and BSE — verify from official exchange sources before any investment decision.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Disclaimer: The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Data is sourced from open public platforms including NSE and BSE and may be subject to revision. Verify data from official NSE/BSE sources before making any investment decision. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.

Frequently Asked Questions

What is the SBI prediction for Monday 8 June 2026?

Ans. The SBI prediction for Monday is Strongly Bullish. CMP Rs 977.70 (-0.16%) on 5 June. Support Rs 965, resistance Rs 995. SBI approached the psychological Rs 1,000 level on Friday, touching Rs 992.60 before settling at Rs 977.70; the RBI dovish rate hold is the direct catalyst and the Rs 1,000 milestone remains unfinished business for Monday.

What are SBI support and resistance levels for Monday?

Ans. Support 1: Rs 965. Support 2: Rs 950. Resistance 1: Rs 995. Resistance 2: Rs 1010. A close above Rs 995 confirms bullish trend for SBI on Monday.

What is the SBI F&O outlook for Monday 8 June 2026?

Ans. SBI F&O is among the top 5 most active contracts. Put OI at Rs 965-970 is a strong floor. A Monday break above Rs 992.60 Friday high would be the trigger for Rs 1,000-1,010. Volume of 2.1 Cr confirms institutional interest in the Monday prediction. The SBI F&O range for Monday is Rs 965 to Rs 995.

What drives the SBI prediction for Monday?

Ans. SBI approached the psychological Rs 1,000 level on Friday, touching Rs 992.60 before settling at Rs 977.70; the RBI dovish rate hold is the direct catalyst and the Rs 1,000 milestone remains unfinished business for Monday. The RBI held repo at 5.25% on Friday with a neutral-to-dovish stance — positive for banking and NBFC stocks on Monday 8 June. Monday open will reflect the US NFP reaction overnight.

Is SBI bullish or bearish for Monday 8 June 2026?

Ans. The SBI prediction for Monday is Strongly Bullish. Closed Rs 977.70 on Friday declining from Rs 979.25. Asset quality risks in agriculture and MSME segments is the primary risk.

How does India VIX affect SBI prediction for Monday?

Ans. India VIX closed at 15.79 on Friday, touching an intraday low of 13.46. A VIX below 16 supports cleaner directional moves and reduces whipsaw risk for the SBI prediction for Monday 8 June.

Should traders go long or short on SBI Monday?

Ans. For educational reference only: confirm above Rs 995 before longs; use Rs 965 as stop reference. This is not investment advice. Consult a SEBI-registered advisor.

What is the key risk for SBI on Monday 8 June 2026?

Ans. Primary risk: Asset quality risks in agriculture and MSME segments. Additional risks: US NFP reaction, FII selling pressure, and broader Nifty direction. Use strict stop-losses.

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Author: Kunal Singla

Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.