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2026-01-14 11:41:58 am | Source: Motilal Oswal Wealth Management
Technical Conviction Delivery Idea : State Bank of India Ltd For Target Rs.1100 by Motilal Oswal Wealth Management
Technical Conviction Delivery Idea : State Bank of India Ltd For Target Rs.1100 by Motilal Oswal Wealth Management

State Bank of India Ltd

Buy State Bank of India Ltd CMP 1028 SL 990 TARGET 1100 DURATION 1 Week

* Retesting trendline breakout.

* Strong bodied bullish candle.

* At “All Time High” zones.

* Respecting 20 DEMA.

* Rising traded volumes visible.

* RSI momentum indicator showing strength.

* We recommend to buy the stock at CMP Rs.1028 with a SL of Rs.990 and a TGT of Rs.1200

 

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