In chart SBI is at previous support levels. But in my view price looks weak due to market weakness. I suspect price to drop little more to find a stronger support level 40 to 80 rs lower. reason market is not raising, and sbi too getting rejections and didnt move up after hitting support levels. so either it could move in sideways or slide lower a bit. SBI is the No 1 strong fundamentals in banking but big players always give negative view for sbi for them to buy more.
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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.