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5 May 2008

SBI- weekly update Indian stock:05 May - 09 May

1. SBI is presently in uptrend as it has given a weekly 4% upside move and thus one can see the stock achieving the levels of Rs 1,885.

2. On the higher side if the resistance level of 1885 is passed, than one can see the stock achieving a target of Rs 1,958.


3. One should keep the following supports and resistances in mind:

(a) Supports- Rs 1,739-1,679.
(b) Resistance-Rs 1,850-Rs 1,880.
SBI- Premier stock of India Free Tips in Email Here.


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