Best of our government bank, SBI has finally given breakout out after 10 months of consolidation. Since last November the stock was taking resistance around 540. This week, however, it has managed to give a weekly closing above 540. SBI is a great Techno-Funda pick and each investor should have this stock in their portfolio. Targets as per Fibonachi are very aggressive so one should keep a deep SL and hold this share for long term view.
CMP - 553 W
Target - 620, 741, 862, 940 W
SL - 515 W
View - Medium to long term.
CMP - 553 W
Target - 620, 741, 862, 940 W
SL - 515 W
View - Medium to long term.