2. Presently on shorter time frame the trend in stock is down and it has supports existing at Rs 835 and Rs 816 and resistances for share exists at Rs 894 and Rs 922.
Indian Stock Tip: SBI
3. SBI has an uptrend in offing as it has broken past its key resistances. Stock has short-term support existing at Rs 1250 and Rs 1180. As a strategy for short-term traders, one can hold the stock as long as share is able to sustain above the level of Rs 1181. Stock faces uphill task of clearing resistance existing between Rs 1350 and Rs 1370.
4. This banking stock of India uin its upward journey can target Rs 1356-Rs 1476 and as a strategy one can go long in its equity once it moves past Rs 1350 level.
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