SBI Share Price: Share price of State Bank of India (SBI) hit a life high today despite selling pressure on Dalal Street. SBI shares opened lower today, but soon caught the attention of bulls and hit intraday highs 564.90 each on NSE, which is now its new record high.
According to Share Market Experts, SBI shares are in ‘uptrend’ and stock has strong support base 530 per share level. He said that those who have this stock of PSU Bank in their portfolio should continue to hold the stock for immediate target. 600 each level. He said the stock has given a ‘flag pattern’ breakout Any fall in the 530 level and the stock should be viewed as a buying opportunity in the stock. He advised the shareholders to keep the stock with a trailing stop loss 530 Whereas fresh buyers can buy while maintaining the ‘buy on dips’ strategy at current levels till the stock is trading higher 540. He advises new investors to maintain stop loss on 530 each level.
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