Check STATE BANK OF INDIA (SBIN) Full Analysis At Unicorn Signals

SBIN Weekly Outlook and Analysis:

For the Week: (July 18, 2022 – July 22, 2022)

Check SBIN Full Analysis At Unicorn Signals

BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS

State Bank Of India Share Price : 479.10 (NSE)

SBI closed the Weekly on Negative Note Losing 1.93%

Weekly High: 492.45

Weekly Low: 474.70

Weekly Range: 17.75 points

Weekly Support & Resistance For SBIN:

RESISTANCE 2	499
RESISTANCE 1	489
SUPPORT 1	472
SUPPORT 2	465

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 472 levels, Minor resistance on the upside is capped around 489 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @  465 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 499

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 499 on upside and 465 on downside.