State Bank of India Bullish

Earnings NEWS: State Bank of India reports the highest ever quarterly Net Profit of Rs 13,265 Cr (a growth of 74% YoY). Loans: 20% YoY growth, 4.6% QoQ growth!
Analysis: With Earnings backing the stock (beat on all estimates), I expect the stock to continue the momentum as the strongest PSU bank. Keep a stop loss at 570 and go long for the longer term.
Chart PatternsFundamental AnalysisSBIstatebankofindiaTrend Analysis

Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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