Wednesday, 7 January 2015

Resistance and Support Levels for SBI - Investment Idea


State Bank of India BSE: 500112 | NSE: SBIN

Short Term:

Support(+/- 5): 288 / 283 / 260 

Resistance(+/- 5): 310 / 320 /326 

Medium Term: 

Support(+/- 5): 250 / 230 / 210

Resistance(+/- 5): 340 / 380


Long Term: 

Support(+/- 10): 180 / 140 / 88

Resistance(+/- 10): 440 / 470 / 550 / 680


Note: Investors with medium an long term outlook can accumulate the stock at every fall. Short term investors can BUY the stock at current levels  with a stoploss around 260.


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