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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (May 20, 2024 – May 24, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 3.49%.

Technically, SBI share price will see immediate support at 801.42 and immediate resistance would be seen at 830.22.

If SBI share price closes below immediate support of 801.42, then sharp breakdown can be seen. SBI share price will see major support at 784.98 for the week.

On the positive side, immediate resistance will be seen at 830.22. Closing above 830.22, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 842.58 for the week.

Trading range for SBI share price for this week should be between 772.62 on down side and 859.02 on up side.

SBI Previous Week High: 826.15

SBI Previous Week Low: 797.35

SBI Previous Week Range: 28.8 Points

SBI share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 859.02
Resistance 2 842.58
Resistance 1 830.22
Support 1 801.42
Support 2 784.98
Support 3 772.62
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{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"757.69","en_sup_t_91":"743.74","prev_close":"750.45","en_close":"766.10","new_date":"Apr 22","prev_close_no":750}],"sell_point":[{"en_ltd":"2024-04-15","en_sup_p_91":"757.52","en_sup_t_91":"771.01","prev_close":"766.30","en_close":"757.50","new_date":"Apr 15","prev_close_no":766}]}

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