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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (February 19, 2024 – February 23, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 9.35%.

Technically, SBI share price will see immediate support at 713.03 and immediate resistance would be seen at 785.48.

If SBI share price closes below immediate support of 713.03, then sharp breakdown can be seen. SBI share price will see major support at 671.37 for the week.

On the positive side, immediate resistance will be seen at 785.48. Closing above 785.48, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 816.27 for the week.

Trading range for SBI share price for this week should be between 640.58 on down side and 857.93 on up side.

SBI Previous Week High: 774.6

SBI Previous Week Low: 702.15

SBI Previous Week Range: 72.45 Points

SBI share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 857.93
Resistance 2 816.27
Resistance 1 785.48
Support 1 713.03
Support 2 671.37
Support 3 640.58
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