Stocks with Momentum: Infosys,SBI and HUL

SBI

SBI has been on a rally mode from 2050 levels, With recaptlization of banks with 12K cores news stock formed an DOJI pattern suggesting news arrival can be reversal for stock in short term.Previous support of 2562 will act as resistance now,Range of 2562-2571 will be diffcult to cross and pullback should be expected. Huge negative divergence in RSI is also observed but price needs to confirm the same.

Sell below 2537 Tgt..

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