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May 17, 2012, 04.30 PM IST
Avinash Gorakshakar of moneyinvestments.in is of the view that one should sell SBI.
Gorakshakar told CNBC-Awaaz, "One should sell SBI at Rs 1,842 with a stoploss of Rs 1,887. The stock may go down to Rs 1,760 in coming trading session."
The company touched its 52-week high Rs 2,656.80 and 52-week low Rs 1,576.00 on 16 May, 2011 and 20 Dec, 2011, respectively. Currently, it is trading -30.44% below its 52-week high and 17.27% above its 52-week low.
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