2024-02-19 10:13:23 am | Source: Religare Broking Ltd
Stock of the day : SBI Life Insurance Ltd For Target Rs. 1590 - Religare Broking
SBI Life Insurance Ltd
* SBILIFE has been in a steady uptrend from last more than 10 months and currently trading at record high levels.
* It has given a fresh breakout from the basing pattern with strong volumes.
* Following price pattern and Bullish positioning of the momentum indicator suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
Buy SBI Life Insurance Ltd CMP 1508.45; Range 1505-1510; SL 1465; Target 1590
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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