State Bank of India has made a double bottom and RSI is showing positive divergence. Indicating a possibility of up move from here on.
Posted alongside is a EOD chart for SBIN.
CMP: 2213.10
One can buy here with SL below 2160. Above 2356 TGT can be 2474 > 2663.
Alternatively, Here is a short term chart for State Bank of India, the trend is still down. A move past 2248 will turn the trend up in the short term.
One may take entry once the price closes above 2248.
HAPPY TRADING !
SHEKHAR
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