Insurance News

sbi life insurance: Stock Radar: This life insurance stock gave a breakout above symmetrical triangle pattern; time to buy?


SBI Life Insurance, part of the insurance sector, is trading closer to its 52-week high and is trading in a rising channel which is a positive sign for the bulls.The stock has given a breakout above the symmetrical triangle pattern on weekly charts which opens room for the stock to scale past Rs 1,400 level in the next 5-7 weeks, suggest experts.Triangles are formed when the market loses interest in a counter but then picks up momentum. A



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