STATE BANK OF INDIA
Long

SBI to 800 and above? Breaking out of 10 year long range

SBI has broke out of 10 year long consolidation range. It re-tested the breakout candle and starting to curl up again. Theoretical target is 510 but I think it shoots way above that.
Fundamentals also line up with bullish bias, with lots of M&A and GoI giving SBI more business.

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