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6 Dec 2009

Stock market tips | Stock Market Advice | SBI | 07-11 Dec

Indian stock market

As a stratgey for SBI one should not get into this stock until the share is able to close above the level of Rs 2350 with volumes. Post closing 2350 levels share can target the levels of Rs 2,394-Rs 2,479.

State Bank of India has near term support at Rs 2,273-Rs 2,174. The range bound movement of the stock between the levels of Rs 2,050-Rs 2,500 is good for the stock as this will help it to scale the wall of Rs 2,500 levels.

As a long term investor exit this stock if it breaks the level of Rs 1899 on the lower side.

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