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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (February 05, 2024 – February 09, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 6.80%.

Technically, SBI share price will see immediate support at 623.32 and immediate resistance would be seen at 668.27.

If SBI share price closes below immediate support of 623.32, then sharp breakdown can be seen. SBI share price will see major support at 596.98 for the week.

On the positive side, immediate resistance will be seen at 668.27. Closing above 668.27, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 686.88 for the week.

Trading range for SBI share price for this week should be between 578.37 on down side and 713.22 on up side.

SBI Previous Week High: 660.55

SBI Previous Week Low: 615.6

SBI Previous Week Range: 44.95 Points

SBI share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 713.22
Resistance 2 686.88
Resistance 1 668.27
Support 1 623.32
Support 2 596.98
Support 3 578.37
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