SBI
SBI will be coming out with its results today around 12-1 PM, Stock has been falling from 14 trading sessions on expectation of bad results. Its said banks will only be able to recover 30% of the load given to Kingfisher airlines. So rise in NPA is expected which street will not like. As the stock has corrected from past 14 trading sessions bad results have already been digested and any surprise can spark a rally.Technically stock is consolidating near its 100 DMA and rising trendline from low of 1815.
Buy above 2273 Tgt..
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