All India Bank Officer’s Confederation, the All India Bank Officer’s Association, the Indian National Bank Officer’s Congress and the National Organisation of Bank Officers have called for a strike from September 26 to 27 to protest against the merger of 10 state-run banks into four bigger banks.
The bank announced the bank strike for two days that is 26th and 27th of September. Meanwhile on 28th September bank will close as it is fourth Saturday of the month and Sunday is a weekly holiday. Due to This four day, bank holiday will affect the banking operation. Not only cheque clearances but ATM services too might get affected as a result of the bank strike followed by two consecutive weekly offs.
The National Electronic Funds Transfer (NEFT) and RTGS (Real Time Gross Settlement System) payments system become a 24×7 operations from December, bank customers will face less inconvenience during such bank strikes and long bank holidays. Presently, NEFT and RTGS services are available only from 8 am to 7 pm on all working days, except the second and the fourth Saturday of the month.
Read EquityPandit’s Nifty Bank Outlook for the Week
State Bank of India Outlook for the Week (July 31, 2023 – Aug 04, 2023)
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State Bank Of India Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – Aug 04, 2023)
State Bank of India Outlook for the Week (July 31, 2023 – Aug 04, 2023)
BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
State Bank Of India Share Price : 616.05 (NSE)
SBI closed the Weekly on Positive Note Gaining 0.15%
Weekly High: 621.90
Weekly Low: 604.20
Weekly Range: 17.70 points
Weekly Support & Resistance For SBIN:
RESISTANCE 2 | 632 |
RESISTANCE 1 | 624 |
SUPPORT 1 | 606 |
SUPPORT 2 | 596 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 606 levels, Minor resistance on the upside is capped around 624 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 596 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 632
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 632 on upside and 596 on downside.
State Bank Of India Outlook for the Week (03-JUL-2023 to 07-JUL-2023)
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State Bank Of India Weekly Outlook and Analysis:
For the Week: (July 03, 2023 – July 07, 2023)
State Bank Of India Outlook for the Week for the Week (July 03, 2023 – July 07, 2023)
BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
State Bank Of India Share Price : 572.85 (NSE)
SBI closed the Weekly on Positive Note Gaining 3.29%
Weekly High: 574
Weekly Low: 554.50
Weekly Range: 19.50 points
Weekly Support & Resistance For Nifty Media:
RESISTANCE 2 | 587 |
RESISTANCE 1 | 580 |
SUPPORT 1 | 560 |
SUPPORT 2 | 548 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 560 levels, Minor resistance on the upside is capped around 580 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 548 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 587
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 587 on upside and 548 on downside.
State Bank Of India Outlook for the Week (26-JUN-2023 to 30-JUN-2023)
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State Bank Of India Weekly Outlook and Analysis:
For the Week: (June 26, 2023 – June 30, 2023)
State Bank Of India Outlook for the Week for the Week (June 26, 2023 – June 30, 2023)
BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
State Bank Of India Share Price : 554.60 (NSE)
SBI closed the Weekly on Negative Note losing 2.91%
Weekly High: 572.75
Weekly Low: 533.80
Weekly Range: 38.95 points
Weekly Support & Resistance For Nifty Media:
RESISTANCE 2 | 593 |
RESISTANCE 1 | 574 |
SUPPORT 1 | 535 |
SUPPORT 2 | 515 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 564 levels, Minor resistance on the upside is capped around 580 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 556 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 589
Stock is trading beloe 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 589 on upside and 556 on downside.
State Bank Of India Outlook for the Week (19-JUN-2023 to 23-JUN-2023)
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State Bank Of India Weekly Outlook and Analysis:
For the Week: (June 19, 2023 – June 23, 2023)
State Bank Of India Outlook for the Week for the Week (June 19, 2023 – June 23, 2023)
BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
State Bank Of India Share Price : 571.25 (NSE)
SBI closed the Weekly on Negative Note losing 1.29%
Weekly High: 581.50
Weekly Low: 565.25
Weekly Range: 16.25 points
Weekly Support & Resistance For Nifty Media:
RESISTANCE 2 | 589 |
RESISTANCE 1 | 580 |
SUPPORT 1 | 564 |
SUPPORT 2 | 556 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 564 levels, Minor resistance on the upside is capped around 580 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 556 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 589
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 589 on upside and 556 on downside.
State Bank OF India Outlook for the Week (05-JUN-2023 to 09-JUN-2023)
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State Bank of India Weekly Outlook and Analysis:
For the Week: (05-JUN-2023 to 09-JUN-2023)

BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
State Bank Of India Share Price : 587.20 (NSE)
SBI closed the Weekly on Positive Note Gaining 0.20%
Weekly High: 596.40
Weekly Low: 577.50
Weekly Range: 18.90 points
Weekly Support & Resistance For SBIN:
RESISTANCE 2 | 606 |
RESISTANCE 1 | 597 |
SUPPORT 1 | 578 |
SUPPORT 2 | 568 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 578 levels, Minor resistance on the upside is capped around 597 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 568 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 606
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 606 on upside and 568 on downside.