Buy, Hold, Avoid and Sell: SBI, Tata Motors, IT sector, M&M Fin - analyst suggests strategy for gains, avert losses
Stocks to Buy – SBI – Analyst Nilesh Jain said that he was bullish on State Bank of India (SBI), a Nifty PSU Bank heavyweight. He said that the stock looks good for a target price of Rs 500 in short term basis. The next targets are Rs 520 and Rs 550 over a positional term basis
Nilesh Jain, however, puts a caveat that his recommendations are based on the technical analysis of the stocks and not based on the fundamentals. Source: PTI