Stock Radar: SBI Life breaks out from a Pennant formation on daily charts; what should investors do?

SBI Life Insurance Company recently broke out from a Pennant formation, signaling a potential upward trend. Experts suggest short-term traders consider buying the stock, targeting Rs 1,885 in the coming weeks. The stock is trading above its key moving averages, with a bullish crossover indicated by the RSI, further supporting the positive outlook.