SBI Life Insurance (NSE symbol SBILIFE) calls for a buyposition with respect to the following chart:
Since last earnings, the stock has maintained an uptrend andit has not been broken.
Further, the recent quarterly earnings have been negativeafter a downfall. Thus, those in know were already aware of the negativeresults and now, the technical analysis scenario coupled with this observationcalls for buying the stock.
Also read: Larson & Tourbo’s earnings surprised investors positively, but time to sell and book profits?