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SBI Daily NSE Stock Chart Technical Analysis
SBI continued a sideways pattern today, which is a relief considering it had a big fall last week.
Close & CMP: 2763
Market Outlook:
- The price seems to be making a correction here and should most probably rise higher on Monday.
- If the price shows upward movement on Monday, then enter quickly. The targets are as follows: First target is at 2865 and second target is at 2915.
- How far up the stock will go, there are no signs showing that as of yet.
Technical Indicators:
- There are 3 different support lines. Fortunately, SBI is taking the one that's going upwards.
- The stock price is deep into oversold levels and there is very high interest in the stock, both indicators that this could rise further.
SBI Daily NSE Stock Chart Technical Analysis
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