Tuesday, 23 January 2018

SBI forms tripple top in the monthly chart. Close above 325 will see up-move towards 350. But closing above 325 in the monthly chart is required for sustained upward movement. 







Ashwani Gujral of ashwanigujral.com told CNBC-TV18,
"Buy State Bank of India with a stop loss of Rs 314, target of Rs 328.."
http://www.moneycontrol.com/news/business/buy-sbi-pnb-chambal-fertilisers-ongc-canara-bank-delta-corp-ashwani-gujral-2489267.html 





Its a free fall from the high of 145.90 on 08-01-2018 to today's low of 103.50. Looking at this continuous down fall it seems that the stock is heading towards its next monthly support, which is around 90.







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