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.

 

https://investmentkit.com/media/posts/3963/17-2012Jan-STATE%20BANK%20OF%20INDIA-800x600.png

 

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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