Buy SBI shares for January series, says expert; check what is working for govt-owned bank
Nilesh Jain, who is Assistant Vice President - Lead Derivative and Technical Research at Centrum Broking, recommended buying SBI shares for targets of Rs 630 and Rs 650, estimating a 7 per cent upside from current levels. The support, he said, is at Rs 585
SBI stock has corrected from its 52-week high of Rs 629.55 which it hit on 15 December 2022 and has traded both ways since then giving opportunity for a two-way trade. Source: Reuters