kant_lt

State Bank of India

NSE:SBIN   STATE BK OF INDIA
SBI has Broken the resistance line and started to move upward. It is taking support everything on the trend line. May close out of the Darvas Box soon and reach 850 soon. If it Breaks Darvas Box, it will start its journey towards 500. Recent money received from sale of Shares of Vijay Mallaya will add to its kitty and reduce NPA exposure. Future appears bright for next quarterly result. RSI and MACD has started to show upward trend. Accumulate it for 03 months.
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