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    Buy State Bank of India, target Rs 250.0 : CapitalVia Global Research Ltd

    Synopsis

    Buy State Bank of India at a price target of Rs 250.0 and a stop loss at Rs 225.0 from entry point

    CapitalVia Global Research Ltd has Buy call on State Bank of India with a target price of Rs 250.0. The current market price of State Bank of India is 234.2. CapitalVia Global Research Ltd recommended to keep stop loss at Rs 225.0. SBI is witnessing strong uptrend on its daily charts and is on the verge of a breakout from its short-term consolidation range. Overall, the stock is poised for further up move once it manages to cross above the level of Rs 235. The stock is trading above its both short as well as medium term moving averages of 10 and 50-days period. Traders can initiate long positions for the target of Rs 250 and keep a stop loss of Rs 225.



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    Read More News on

    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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