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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (August 28, 2023 – September 01, 2023)

SBI
SBI
SBI closed the previous week on a negative note losing 2.75%.

Technically, SBI share price will see immediate support at 563.30 and immediate resistance would be seen at 579.30.

If SBI share price closes below immediate support of 563.30, then sharp breakdown can be seen. SBI share price will see major support at 556.65 for the week.

On the positive side, immediate resistance will be seen at 579.30. Closing above 579.30, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 588.65 for the week.

Trading range for SBI share price for this week should be between 547.30 on down side and 595.30 on up side.

SBI Previous Week High: 582

SBI Previous Week Low: 566

SBI Previous Week Range: 16 Points

SBI share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 595.30
Resistance 2 588.65
Resistance 1 579.30
Support 1 563.30
Support 2 556.65
Support 3 547.30

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