Largest PSU bank SBI is a BUY, says expert; know target and stop-loss here
Anand Rathi said that on the monthly chart SBI has been consolidating for many months. In the last month, May 2021, SBI has closed above its channel, clearly moving towards its new way to Rs 500 and above zone. Currently looking towards its current technical monthly chart set up, Anand Rathi advises traders to buy SBI stock in the price range of Rs 428 – Rs 433 zone for the target price of Rs 505 – Rs 510 with the stop-loss of Rs 390
State Bank of India (SBI) a Fortune 500 company is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai: Reuters