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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (December 04, 2023 – December 08, 2023)

SBI
SBI
SBI closed the previous week on a negative note losing 2.28%.

Technically, SBI share price will see immediate support at 563.83 and immediate resistance would be seen at 576.93.

If SBI share price closes below immediate support of 563.83, then sharp breakdown can be seen. SBI share price will see major support at 555.92 for the week.

On the positive side, immediate resistance will be seen at 576.93. Closing above 576.93, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 582.12 for the week.

Trading range for SBI share price for this week should be between 550.73 on down side and 590.03 on up side.

SBI Previous Week High: 574.2

SBI Previous Week Low: 561.1

SBI Previous Week Range: 13.1 Points

SBI share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 590.03
Resistance 2 582.12
Resistance 1 576.93
Support 1 563.83
Support 2 555.92
Support 3 550.73
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{"buy_point":[{"en_ltd":"2023-11-29","en_sup_p_91":"568.24","en_sup_t_91":"560.13","prev_close":"564.45","en_close":"568.60","new_date":"Nov 29","prev_close_no":564},{"en_ltd":"2023-10-27","en_sup_p_91":"557.98","en_sup_t_91":"545.70","prev_close":"547.00","en_close":"561.15","new_date":"Oct 27","prev_close_no":547}],"sell_point":[{"en_ltd":"2023-11-17","en_sup_p_91":"578.23","en_sup_t_91":"577.23","prev_close":"584.65","en_close":"563.05","new_date":"Nov 17","prev_close_no":584}]}

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