Monday, 24 November 2014

Short term Investment Idea for SBI


State Bank of India BSE: 500112 | NSE: SBIN


BUY

Target 1 : 312

Target 2 : 321

Target 3 : 330

The Stock has support at 283 / 265 / 236

Use 283 as stoploss for Target 1 and Target 2

Use 265 as stoploss for Target 3

Stronger uptrend will take the stock to 359 and 407

If the stock crosses 340, Increase the stoploss to 330

Support at 236 can be used as stoploss for medium to longterm Investors

No comments: