The State Trading Corporation of India Limited stock technical analysis
at 172 rupee. Intraday low was around 152. Stock is in absolute uptrend and on upside achieved bullish targets of 138 and then 160 rupee. Breakout was seen at 121 rupee level. Stock is entered super bullish trend and above 160 rupee support, stock will head for targets 176 and then 198 rupee. On downside 160 and 138 will act as short term support zones as well as fresh buying levels with stop loss. From long term view, stock above 115 will remain buy and accumulate and my long term investment targets are 240 to 310 rupee.