Tuesday, January 17, 2012

State Bank of India (SBI) Technical Chart | 17-Jan-2012

 Below is the technical chart of State Bank of India (SBI), listed on Indian stock exchange, using Ichimoku Kinko Hyo indicator.


State Bank of India (SBI) Technical Chart
State Bank of India (SBI) Technical Chart


In the last trading session, SBI touched the upper end of kumo viz. @1837. One can buy SBI stock once it closes above 1837. Make a stop loss of 1821. After that, after few trading sessions, it can touch 1794. Add your positions more on that level.

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