Sell SBI, says Siddhartha Chaterjee

Sell SBI, says Siddhartha Chaterjee of Trustline Securities

Chaterjee told CNBC-TV18, "Sell State Bank of India Futures. In fact the trading pattern of yesterday compared to the other banking stocks, State Bank of India kind of showed us some kind of a divergence negative in nature and thereby it closed substantially lower than the high it could create. So we are keeping a stop of Rs 1920 and would recommend for a sell of SBI Future for targets of Rs 1864. Should it fall below Rs 1848, then we could see levels of Rs 1837."