SBI BREAKS PREVIOUS THREE DAY HIGHS WITH BULLISH ENGULFING
-the momentum with which sbi has comeback is strong -it is seen in the past that whenever the stock moves above 290 on closing basis -we see a fresh move towards 320-340 -the way that sbi bounce from its 20-ema on daily chart -three days of negative action taken out by a single bullish engulfing bar -one can entery longs near 296-292 -enter a stop near 279 -short-term target can be near 303-308 -positiona target can be near 320-330
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