Buy SBI 2750 Call: Rahul Shah

Written By Unknown on Senin, 03 November 2014 | 16.03

Rahul Shah of Motilal Oswal recommends buying State Bank of India 2750 Call at current levels.

Rahul Shah of Motilal Oswal told CNBC-TV18, "Overall public sectors undertaking (PSU) banks have seen the sizeable longs getting created in selectively good banks. So in largecap space, I like State Bank of India  (SBI). I would recommend buying SBI 2750 Call at current levels with a target of Rs 85 and stoploss of Rs 70."

At 13:49 hrs State Bank of India was quoting at Rs 2,727.90, up Rs 26.25, or 0.97 percent. It has touched an intraday high of Rs 2,743.00 and an intraday low of Rs 2,695.

Disclosure: Analyst does not have any positions in the stock.


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