HunnyKhanna

Buy SBI - 1 year target Rs700

Long
NSE:SBIN   STATE BK OF INDIA
Based on Fibonacci retracement levels first resistance is around 427 level and once its broken can propel towards 492 levels. Looks good to hold for 1 year period with target of Rs 700.

Major value unlocking event is when government lists yono app of SBI and it can command hefty valuations for the shareholders.
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