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STATE BANK OF INDIA - ALWAYS A BUY ON DIPS COUNTER

If you look this counter from listing time (1994) this financial major always given returns above expectations.Yes in 2008 crash ,it gone from 2574 to 890 levels,but just look at come back of this PSU in charts(shown above).if you look at monthly chart of SBI it making white candles from last march till this correction happening now after results.Those who like to enter this counter with 6 month view can keep targets around 4000,with stop loss of 2825.I expect company will split shares to make them liquid in coming future.

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