Stock of the day : SBI Life Insurance Ltd For Target Rs. 1600

2024-03-07 09:29:19 am | Source: Religare Broking Ltd

Stock of the day : SBI Life Insurance Ltd For Target Rs. 1600 - Religare Broking

News By Tags | #InsuranceSector #SBILifeInsuranceCompanyLtd #TradingReport #ReligareBrokingLtd

SBI Life Insurance Ltd

* SBILIFE has been in a steady uptrend from last more than 6 months, forming base on base pattern.

* It has rebounded higher finding support around its previous neckline area with formation of bullish candlestick pattern.

* Following price action and buoyancy in the insurance pack suggests price is set to surpass its previous swing high.

* We thus recommend creating fresh longs in the mentioned range.

Buy SBI Life Insurance Ltd CMP 1520.40; Range 1518-1522; SL 1485; Target 1600

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Stock of the day : SBI Life Insurance Ltd For Target Rs. 1600 - Religare Broking

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