State Bank of India

Analyst  - Mitesh Thacker on SBI

• State Bank of India I was looking at price targets of 2000-2020 that is where the stock is heading towards. If we get a breakout above that this time there are strong chances that we are in for a positive surprise. I would probably take the upside targets by another 10% to about levels of 2200 odd.

• State Bank of India ( 7th Dec. 2011)
  BSE

  1936.70

  

  28.10 (1.47%)

  ol:668803 shares 

  traded

  NSE

  1945.40

  

  34.35 (1.80%)

  Vol:3342647 shares traded

• Mitesh's View on Indusind Bank 

• For IndusInd Bank, 263 and 259 are the levels where some strong supports are placed. 259 is the 200 day average so if somebody is holding that keep a stop at 258.5 and the stock can bounce back from current levels to levels of 275-285 possibly.

• BSE

  264.15

  

  -9.70 (-3.54%)

  Vol:59062 shares traded
  NSE

  263.45

  

  -10.15 (-3.71%)

  Vol:1741793 shares traded