SBI is looking very attractive technically

August 23, 2021

Have a look at the following long term SBI chart.

The stock after testing it’s long term support in March-April 2020 has recently broken out of 2015 highs.

The long term pattern has all classic formations to suggest a sustained upward move for medium to long term investors.

If the market corrects, the stock can provide good entry opportunity at around 340-360 levels. Even otherwise, long term investors can gradually look to accumulate.

Link to a related inves4 note –

Indian Public Sector Banks – have they bottomed out?

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