SBI shares had been in a consolidation zone of Rs 720-790 for almost two months now and on Thursday it gave a channel breakout with good volumes. With the Daily Relative Strength Index (RSI) on the verge of entering an extremely bullish zone, this stock can touch the Rs 850-860 zone in the short term.
FOMC meet, FII action among 8 factors that could drive D-Street this week
Nifty ended the week down 0.7% due to IT sector selling. Key factors to watch include the upcoming FOMC meeting, US market movements, potential impact