Technical Trading Idea : State Bank of India Ltd For Target Rs.778 By Motilal Oswal Wealth Management

State Bank of India Ltd
Buy State Bank of India Ltd CMP : 727 SL 698 Target 778 Duration : 2-3 Days
* Stock is trading at crucial trend line support which is formed by connecting swing lows of 707,722 and 711 marks. It has formed hammer candle stick on daily scale which has bullish implications. Momentum indicator RSI has formed positive divergence against price indicating up move.
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