State Bank of India- Dangerously Interesting !

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The largest public sector bank in India has witnessed massive selling pressure off late. The chart shows that the support that was in place from March was breached on May 5. If the price does not close above 186 levels on closing basis the stock can slide towards 147-143 levels in the short term.


DISCLAIMER

The content provided in CRAME blog is for educational purposes only. CRAME or the analyst(s) do(es) not assume any responsibility for the financial decisions/actions made on the basis of the analysis presented in the blog.


Analysts

Prof. Binu  P Paul PhD
Prof. Soumya V ACSI

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