Below is the technical chart of State Bank of India, SBI, listed on Indian stock exchange, using ichimoku kinko hyo indicator.

 

 

 

 

 



 

 

In the last trading session, price of SBI managed to close above kumo, which was its main resistance. Chikou-Span (CS) line has already closed above kumo. That clearly gave bullish breakout. But it with a stop loss of 2096

On the weekly chart, however, it will face resistance at Rs.2267. The major support is @Rs.2051.

Buy SBI | Technical Chart | 14-June-2012
Rate this post

Those who found this page were searching for:

ichimoku charts for indian stocks,photos of stock exchange in india 2012,view sbi share technical chart on 14th june 2012,SBI technical chart for 4july 2012,sbi call closing on 14 june 2012,Multinational Banks and india,indian stock markets technical charts,exchange rate pounds to bangladeshi taka june 2012,Charts of multinational bank in india,buying charts sbi