The price is likely to attempt a trend reversal. A large white-bodied candle has appeared. Its appearance near the crucial double bottom support and its occurrence with large higher-than-average volumes adds credibility to the support levels of 180-181. Also, for the last two months, RSI has shown a strong bullish divergence against the price.
LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares
LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving