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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (December 18, 2023 – December 22, 2023)

SBI
SBI
SBI closed the previous week on a negative note losing 6.03%.

Technically, SBI share price will see immediate support at 622.70 and immediate resistance would be seen at 661.90.

If SBI share price closes below immediate support of 622.70, then sharp breakdown can be seen. SBI share price will see major support at 597.15 for the week.

On the positive side, immediate resistance will be seen at 661.90. Closing above 661.90, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 675.55 for the week.

Trading range for SBI share price for this week should be between 583.50 on down side and 701.10 on up side.

SBI Previous Week High: 650

SBI Previous Week Low: 610.8

SBI Previous Week Range: 39.2 Points

SBI share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 701.10
Resistance 2 675.55
Resistance 1 661.90
Support 1 622.70
Support 2 597.15
Support 3 583.50
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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}],"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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