broken_signals

SBIN - Working at Lunch Time Too

Long
NSE:SBIN   STATE BK OF INDIA
SBI showing good breakout after consolidating in 400-435 range.
Above 441, will be very positive.
Compared to HDFC Bank, Kotak Bank and Axis Bank, it has shown very good strength. Only ICICI is holding up from private banks. SBI and ICICI would be leading the banking bucket.
There may be some volatility around results, so keep long term stop loss of 400

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.