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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (October 23, 2023 – October 27, 2023)

SBI
SBI
SBI closed the previous week on a negative note losing 3.08%.

Technically, SBI share price will see immediate support at 556.82 and immediate resistance would be seen at 574.67.

If SBI share price closes below immediate support of 556.82, then sharp breakdown can be seen. SBI share price will see major support at 550.53 for the week.

On the positive side, immediate resistance will be seen at 574.67. Closing above 574.67, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 586.23 for the week.

Trading range for SBI share price for this week should be between 538.97 on down side and 592.52 on up side.

SBI Previous Week High: 579.95

SBI Previous Week Low: 562.1

SBI Previous Week Range: 17.85 Points

SBI share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 592.52
Resistance 2 586.23
Resistance 1 574.67
Support 1 556.82
Support 2 550.53
Support 3 538.97
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{"buy_point":[{"en_ltd":"2023-10-03","en_sup_p_91":"600.97","en_sup_t_91":"587.18","prev_close":"598.55","en_close":"602.95","new_date":"Oct 3","prev_close_no":598}],"sell_point":[{"en_ltd":"2023-10-04","en_sup_p_91":"587.18","en_sup_t_91":"603.46","prev_close":"602.95","en_close":"586.25","new_date":"Oct 4","prev_close_no":602},{"en_ltd":"2023-09-21","en_sup_p_91":"593.94","en_sup_t_91":"606.21","prev_close":"601.10","en_close":"588.15","new_date":"Sep 21","prev_close_no":601}]}

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