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"BUY SBI FUT 2 LOTS ABOVE 515 TARGET 520/535 SL 490"

 In a recent pullback, the currency received support near the 20-day rolling average, then created a bullish engulfing candlestick pattern on the daily chart, indicating that it is set to resume its strong bullish momentum. Because it is a cluster of key moving averages, Rs 490-480 is a strong demand zone. The momentum indicator RSI (relative strength index) found support near 50 and has now crossed over to the positive side. The immediate resistance levels are Rs 520-540, while Rs 575 appears to be a short-term aim.