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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (May 27, 2024 – May 31, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 3.29%.

Technically, SBI share price will see immediate support at 814.35 and immediate resistance would be seen at 842.05.

If SBI share price closes below immediate support of 814.35, then sharp breakdown can be seen. SBI share price will see major support at 800.10 for the week.

On the positive side, immediate resistance will be seen at 842.05. Closing above 842.05, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 855.50 for the week.

Trading range for SBI share price for this week should be between 786.65 on down side and 869.75 on up side.

SBI Previous Week High: 841.25

SBI Previous Week Low: 813.55

SBI Previous Week Range: 27.7 Points

SBI share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 869.75
Resistance 2 855.50
Resistance 1 842.05
Support 1 814.35
Support 2 800.10
Support 3 786.65
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{"buy_point":[{"en_ltd":"2024-05-21","en_sup_p_91":"823.64","en_sup_t_91":"810.49","prev_close":"821.00","en_close":"830.65","new_date":"May 21","prev_close_no":821},{"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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