SBI: Gearing up for Life Above 500

If we look at monthly chart of SBI....it has traded in the range of INR 150 to INR 350 odd for last 10 years. It broke out of that range post the last quarter results...then retested the breakout as market corrected with COVID Wave II. It bounced strongly from the retest levels. Now, with another strong quarter behind its back it is surely gearing up from live beyond INR 500.