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SBIN - Medium Long Term StructureAfter a long time, the worst in banking space as a whole seems to be over. This was apparent with the trending move in Nov in the index and all banks.
With amazing results posted by SBIN during the previous quarter seems like this is well headed for stability and solid up move.
SBI - Retesting break out levelsNSE:SBIN is retesting break out levels of 230-231. Good to accumulate at current levels and on dips as the risk reward is very favourable. Exit if closes below 220 (giving a little more margin in the fall due to the SC hearing and market volatility). Upside looking at 300 for now.