Thursday, February 8, 2024

Rationale report - 08.02.2024


Recommended stocks on – 08.02.2024

 (1) SBI -

Ø Buy price : 680

Ø Strong Support : 650

Ø Resistance price : 694 -700

   Reasons for Buy Recommended –

State Bank of india short-term outlook appears bullish.

The prevailing technical indicators and consensus suggest a bullish short-term outlook for State bank of india.

Recommended stocks on – 05.02.2024

 (2) SBI -

Ø Buy price : 650

Ø Strong Support : 620

Ø Resistance price : 664 - 676 – 683 – 690 - 700

   Reasons for Buy Recommended –

Based on current ratings and the bank's financial performance, SBI is considered a favorable investment.

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