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8 Jun 2008

Free Indian share tips:SBI

1. Now it is confirmed that the third leg down trend is in progress in SBI as last weeek stock touched a low of RS 1293 and further retracing the leg downwards leads to target of stock as Rs 1060 on the lower side.

2. If the stock closes below 1298 than the target for the stock in the near term is Rs 1200.


3. On the upper side move of the journey stock will witness resistances at the levels of Rs 1501 and 1630.

4. Medium-term outlook will become positive only if the stock moves above the levels of Rs 1501 and 1630.

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