SBI has target of Rs 1952: Kapadia

SBI has target of Rs 1952, says Hemen Kapadia of chartpundit.com.

Kapadia told CNBC-TV18, "I am not sure of how of the ADAG pack is in the Nifty but they still could be having some steam left on the upside. But besides that maybe State Bank of India is one stock and Reliance which could be having some legs for further upside."
He further added, "I think Rs 1,952 seems like a possible target for State Bank of India. In terms of Reliance despite the run up closer to Rs 803 and Rs 819 are the levels one can look out for in terms of exiting if you have a long position."