Stock Radar: SBI Life rebounds after testing 50-DEMA; could hit fresh record highs above Rs 2,000 – check target & stop loss

SBI Life Insurance has bounced back from its 50-day EMA, signaling bullish strength. Experts suggest short-term traders consider buying with a target of Rs 2,036 within 3-4 weeks, provided momentum sustains. The stock demonstrates resilience, trading above key moving averages, with analysts noting a bullish hidden divergence on the weekly RSI, reinforcing the uptrend.