Friday, March 6, 2020

SBI WEEKLY REPORT


FOR INTRADAY FUTURE TIPS WHATSAPP ME 7772909587
 SBI FUTURE CALL:-
                 " SELL BELOW 263 TGT 257/247 SL 274.50
                BUY ABOVE  275 TGT  286/296 SL 263.50"

Today SBI shares slipped nearly 11 %. Approval of investment in Yes Bank led to a sharp decline in SBI. But now more than 6 % recovery is seen in it. In this week SBI stock was open on 308.25 then  up only 5 points & made high of 313.30 while SBI decreased with 37 point & made low of 270.The board of state bank of India has given in-principle nod for exploring investment in Yes bank. According to Macquarie Capital Securities, the sudden collapse of Yes Bank was the biggest risk for financial system, which has been implied. The brokerage has suggested a sharp fall in the shares of both Yes Bank and SBI. Bank wants to retain Yes Bank as a separate entity and only provide capital along with others in the consortium till the time the white washing is done, Only after the mess is cleared up, SBI may look at options of merging at later stage.
STRONG RESISTANCE :286/296
 STRONG SUPPORT :   257/247

5 comments:

  1. I want intraday tips , can you suggest to me about that ?

    ReplyDelete
  2. yes sure we can give u for this please contact on 7772909587

    ReplyDelete
  3. Why did the market fall so much today ?

    ReplyDelete
  4. What is the future of sbi blue chip fund can i hold or switch..

    ReplyDelete
  5. Yes you can continue to hold sbi blue chip dont sell in panic.On dips you can buy sbi cards in equity

    ReplyDelete