Immediate target is around 3400 in SBI: Prasad Kushe, Technical Analyst
After that, maybe a little bit of Rs 100-200 on the upside is left.
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| Prasad Kushe, Technical Analyst, Equitytrendz.com, in a chat with ET Now talks about SBI and Tata Motors.
What is the chart view on SBI and Tata Motors?
Both of them have had a good run. In State Bank of India, the immediate target is around 3400 and if 3400 is killed, I will be surprised. After that, maybe a little bit of Rs 100-200 on the upside is left. Tata Motors has had a good run up and it will be better if we are a little cautious because most of the upside has been built up on this stocks. Results - if they are up to the mark, well and good otherwise - can surprise with the stock having built up all the expectation also.
What is the chart view on SBI and Tata Motors?
Both of them have had a good run. In State Bank of India, the immediate target is around 3400 and if 3400 is killed, I will be surprised. After that, maybe a little bit of Rs 100-200 on the upside is left. Tata Motors has had a good run up and it will be better if we are a little cautious because most of the upside has been built up on this stocks. Results - if they are up to the mark, well and good otherwise - can surprise with the stock having built up all the expectation also.
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