Stock of the day : SBI Life Insurance Ltd For Target Rs. 1600 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
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
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Tag News
India`s insurtech sector delivers 12X revenue growth in 5 years
