Tag Archives: SBI Stock Movement

SBI Outlook for the Week (Nov 25, 2019 – Nov 29, 2019)

EquityPandit’s Outlook for SBI for the week (Nov 25, 2019 – Nov 29, 2019):

STATE BANK OF INDIA:

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

Stock closed the week on positive note gaining 2.30%

Week High: 333.80

Week Low: 322.10

Week Range: 11.7

SBINBANK

State Bank of India

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 329 levels, Minor resistance on the upside is capped around 332 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 @ 325 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 @ 334.

Stock is trading below 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 345 on upside and 300 on downside.

 

RESISTANCE 2 340
RESISTANCE 1 335
SUPPORT 1 323
SUPPORT 2 317

SBI Outlook for the Week (Nov 18, 2019 – Nov 22, 2019)

EquityPandit’s Outlook for SBI for the week (Nov 18, 2019 – Nov 22, 2019):

STATE BANK OF INDIA:

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

Stock closed the week on positive note gaining 1.87%

Week High: 323.70

Week Low: 299.70

Week Range: 24

sbin

State Bank of India

 

?Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 310 levels, Minor resistance on the upside is capped around 315 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 @ 308 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 @ 318.

Stock is trading below 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 340 on upside and 297 on downside.

 

RESISTANCE 2 339
RESISTANCE 1 330
SUPPORT 1 306
SUPPORT 2 291

SBI Outlook for the Week (Nov 11, 2019 – Nov 15, 2019)

EquityPandit’s Outlook for SBI for the week (Nov 11, 2019 – Nov 15, 2019):

STATE BANK OF INDIA:

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

Stock closed the week on positive note gaining 0.89%

Week High: 323.30

Week Low: 312.35

Week Range: 10.95

sbin

 

State Bank of India
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 314 levels, Minor resistance on the upside is capped around 319 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 @ 311 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 @ 323

Stock is trading below 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 325 on upside and 300 on downside.

 

Weekly Pivot Levels For SBIN:

RESISTANCE 2 328
RESISTANCE 1 322
SUPPORT 1 311
SUPPORT 2 306

SBI Outlook for the Week (Nov 4, 2019 – Nov 8, 2019)

EquityPandit’s Outlook for SBI for the week (Nov 4, 2019 – Nov 8, 2019):

STATE BANK OF INDIA:

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

Stock closed the week on negative note losing -1.07%

Week High: 271.80

Week Low: 278.55

Week Range: 93.25

sbin

State Bank of India

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 308 levels, Minor resistance on the upside is capped around 315 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 @ 290 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 @ 318

Stock is trading below 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 330 on upside and 290 on downside.

 

RESISTANCE 2 403
RESISTANCE 1 341
SUPPORT 1 247
SUPPORT 2 216

SBI Outlook for the Week (Oct 21, 2019 – Oct 25, 2019)

EquityPandit’s Outlook for SBI for the week (Oct 21, 2019 – Oct 25, 2019):

STATE BANK OF INDIA:

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

Stock closed the week on positive note gaining 5.76%

Week High: 271.35

Week Low: 254

Week Range: 17.35

SBIN

 

State Bank of India
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 264 levels, Minor resistance on the upside is capped around 271 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 @ 260 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 @ 275

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 282 on upside and 256 on downside.

 

RESISTANCE 2 282
RESISTANCE 1 276
SUPPORT 1 258
SUPPORT 2 247

SBI Outlook for the Week (Oct 14, 2019 – Oct 18, 2019)

EquityPandit’s Outlook for SBI for the week (Oct 14, 2019 – Oct 18, 2019):

STATE BANK OF INDIA:

 

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

Stock closed the week on positive note gaining 1.84%

Week High: 262

Week Low: 244.35

Week Range: 17.65

 

sbin

 

State Bank of India
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 250 levels, Minor resistance on the upside is capped around 258 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 @ 244 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 @ 262

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 265 on upside and 241 on downside.

 

RESISTANCE 2 271
RESISTANCE 1 263
SUPPORT 1 245
SUPPORT 2 236

 

SBI Outlook for the Week (Oct 7, 2019 – Oct 11, 2019)

EquityPandit’s Outlook for SBI for the week (Oct 7, 2019 – Oct 11, 2019):

STATE BANK OF INDIA:

State Bank of India

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

Stock closed the week on negative note losing -11.22%

Week High: 281.85

Week Low: 245.55

Week Range: 36.30

sbi

RESISTANCE 2 295
RESISTANCE 1 272
SUPPORT 1 236
SUPPORT 2 223

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 246 levels, Minor resistance on the upside is capped around 254 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 @ 245 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 @ 261

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 266 on upside and 242 on downside.

SBI Outlook for the Week (Sept 30, 2019 – Oct 5, 2019)

EquityPandit’s Outlook for SBI for the week (Sept 30, 2019 – Oct 5, 2019):

STATE BANK OF INDIA:

State Bank of India

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

Stock closed the week on negative note losing –6.86%

Week High: 316

Week Low: 277

Week Range: -20.7

SBIN

RESISTANCE 2 292
RESISTANCE 1 286
SUPPORT 1 281
SUPPORT 2 277

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 287 levels, Minor resistance on the upside is capped around 313 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 @ 277 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 @ 319

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 304 on upside and 282 on downside.

SBI Outlook for the Week (Sept 23, 2019 – Sept 27, 2019)

EquityPandit’s Outlook for SBI for the week (Sept 23, 2019 – Sept 27, 2019):

STATE BANK OF INDIA:

State Bank of India

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

Stock closed the week on positive note gaining 3.43%

Week High: 307.65

Week Low: 268.40

Week Range: 39.25

sbi02

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 287 levels, Minor resistance on the upside is capped around 313 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 @ 277 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 @ 319

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 304 on upside and 282 on downside.

RESISTANCE 2 322
RESISTANCE 1 308
SUPPORT 1 293
SUPPORT 2 269

SBI Outlook for the Week (Sept 2, 2019 – Sept 6, 2019)

EquityPandit’s Outlook for SBI for the week (Sept 2, 2019 – Sept 6, 2019):

STATE BANK OF INDIA:

State Bank of India

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

Stock closed the week on positive note gaining 0.85%

Week High: 287.50

Week Low: 267.15

Week Range: 20.35

sbin

 

RESISTANCE 2 297
RESISTANCE 1 285
SUPPORT 1 265
SUPPORT 2 256

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 260 levels, Minor resistance on the upside is capped around 295 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 @ 240 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 @ 335

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 315 on upside and 276 on downside.

SBI Outlook for the Week (Aug 26, 2019 – Aug 30, 2019)

EquityPandit’s Outlook for SBI for the week (Aug 26, 2019 – Aug 30, 2019):

STATE BANK OF INDIA:

 

sbin

 

State Bank of India

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

Stock closed the week on negative note losing –6.76%

Week High: 292.7

Week Low: 263.15

Week Range: 29.55

?

RESISTANCE 2 305
RESISTANCE 1 288
SUPPORT 1 259
SUPPORT 2 246

 

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 260 levels, Minor resistance on the upside is capped around 308 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 @ 240 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 @ 335

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 310 on upside and 250 on downside.

SBI Outlook for the Week (Aug 12, 2019 – Aug 16, 2019)

EquityPandit’s Outlook for SBI for the week (Aug 12, 2019 – Aug 16, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing –5.38%

Week High: 304.25

Week Low: 285.60

Week Range: 18.65

 

RESISTANCE 2 312.55
RESISTANCE 1 302.20
SUPPORT 1 283.55
SUPPORT 2 275.25

 
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 276 levels, Minor resistance on the upside is capped around 315 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 @ 268 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 @ 335

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 315 on upside and 276 on downside.

 

SBI Outlook for the Week (Aug 05, 2019 – Aug 09, 2019)

EquityPandit’s Outlook for SBI for the week (Aug 05, 2019 – Aug 09, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing –9.97%

Week High: 346.70

Week Low: 307.05

Week Range: 39.65

 

RESISTANCE 2 360.40
RESISTANCE 1 334.40
SUPPORT 1 294.75
SUPPORT 2 381.00

 

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 292 levels, Minor resistance on the upside is capped around 322 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 @ 280 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 @ 335

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the week as 322 on upside and 292 on downside.

SBI Outlook for the Week (July 22, 2019 – July 26, 2019)

EquityPandit’s Outlook for SBI for the week (July 22, 2019 – July 26, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing -2.09%

Week High: 373.8

Week Low: 355.15

Week Range: 18.65

RESISTANCE 2 380.30
RESISTANCE 1 368.15
SUPPORT 1 349.50
SUPPORT 2 343.00

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 348 levels, Minor resistance on the upside is capped around 366 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 @ 340 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 @ 374

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 374 on upside and 348 on downside.

SBI Outlook for the Week (July 15, 2019 – July 19, 2019)

EquityPandit’s Outlook for SBI for the week (July 15, 2019 – July 19, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +2.60%

Week High: 373.60

Week Low: 358.50

Week Range: 15.1

 

RESISTANCE 2 382.70
RESISTANCE 1 376.70
SUPPORT 1 361.60
SUPPORT 2 352.50

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 360 levels, Minor resistance on the upside is capped around 385 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 @ 345 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 @ 395

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 385 on upside and 360 on downside.

SBI Outlook for the Week (July 1, 2019 – July 5, 2019)

EquityPandit’s Outlook for SBI for the week (July 1, 2019 – July 5, 2019):

STATE BANK OF INDIA:

 

SBIN

State Bank of India

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

Stock closed the week on positive note gaining +3.39%

Week High: 365.00

Week Low: 349.65

Week Range: 15.35

RESISTANCE 2 374.00
RESISTANCE 1 367.65
SUPPORT 1 352.30
SUPPORT 2 343.30

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 334 levels, Minor resistance on the upside is capped around 350 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 @ 321 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 @ 363

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 363 on upside and 321 on downside.

SBI Outlook for the Week (June 24, 2019 – June 28, 2019)

EquityPandit’s Outlook for SBI for the week (June 24, 2019 – June 28, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +1.63%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 334 levels, Minor resistance on the upside is capped around 350 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 @ 321 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 @ 363

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 363 on upside and 321 on downside.

SBI Outlook for the Week (June 17, 2019 – June 21, 2019)

EquityPandit’s Outlook for SBI for the week (June 17, 2019 – June 21, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +0.64%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 336 levels, Minor resistance on the upside is capped around 350 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 @ 322 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 @ 360

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 360 on upside and 322 on downside.

SBI Outlook for the Week (June 10, 2019 – June 14, 2019)

EquityPandit’s Outlook for SBI for the week (June 10, 2019 – June 14, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +1.36%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 336 levels, Minor resistance on the upside is capped around 350 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 @ 322 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 @ 360

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 360 on upside and 322 on downside.

SBI Outlook for the Week (June 01, 2019 – June 07, 2019)

EquityPandit’s Outlook for SBI for the week (June 01, 2019 – June 07, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India
BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS
Stock closed the week on negative note losing -0.58%
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 343 levels, Minor resistance on the upside is capped around 360 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 @ 320 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 @ 375

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 375 on upside and 320 on downside.

SBI Outlook for the Week (May 27, 2019 – May 31,2019)

EquityPandit’s Outlook for SBI for the week (May 27, 2019 – May 31,2019)

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +11.18%

Week High: 354.60

Week Low: 318.95

Week Range: 35.65

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 340 levels, Minor resistance on the upside is capped around 364 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 @ 320 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 @ 375

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 375 on upside and 320 on downside.

SBI Outlook for the Week (May 13, 2019 – May 17,2019)

EquityPandit’s Outlook for SBI for the week (May 13, 2019 – May 17,2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing-0.36%

Week High: 309.15

Week Low: 298.10

Week Range:11.05

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 292– 290 levels, Minor resistance on the upside is capped around 313– 315 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 @ 280– 282 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 @ 330– 331

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 331- 330 on upside and 280– 282 on downside.

SBI Outlook for the Week (May 06,2019 – May 10,2019)

EquityPandit’s Outlook for SBI for the week (May 06,2019 – May 10,2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing -0.50%

Week High: 312.30

Week Low: 306.30

Week Range: 6.00

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 304- 305 levels, Minor resistance on the upside is capped around 318– 320 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 @ 292- 290 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 @ 332- 330.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 332- 330 on upside and 292- 290 on downside.

SBI Outlook for the Week (April 29,2019 – May 03,2019)

EquityPandit’s Outlook for SBI for the week (April 29,2019 – May 03,2019):

STATE BANK OF INDIA:

 

AXISBANK

 

State Bank of India

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

Stock closed the week on positive note gaining+0.45%

Week High: 312.30

Week Low: 305.65

Week Range: 6.65

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 304- 305 levels, Minor resistance on the upside is capped around 319– 320 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 @ 292- 290 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 @ 332- 330.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the week as 332- 330 on upside and 292- 290 on downside.

SBI Outlook for the Week (April 22,2019 – April 26,2019)

EquityPandit’s Outlook for SBI for the week (April 22,2019 – April 26,2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing-0.10%

Week High: 315.80

Week Low: 310.90

Week Range: 4.90

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 305- 303 levels, whereas minor resistance on the upside is capped around 320- 322 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 295- 290 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 332- 335

Currently trend for the stock is trading in bullish trend as stock trading above 200 days exponential moving averages.

EquityPandit predicts SBI range for the week is seen from 332- 335 on upside & 295- 290 on downside.

SBI Outlook for the Week (April 15, 2019 – April 19, 2019)

EquityPandit’s Outlook for SBI for the week (April 15, 2019 – April 19, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing -0.54%

Week High: 317.00

Week Low: 311.20

Week Range: 5.80

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 310- 312 levels, whereas minor resistance on the upside is capped around 325- 327 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 290- 292 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 345- 347

Currently trend for the stock is trading in bullish trend as stock trading above 200 days exponential moving averages.

EquityPandit predicts SBI range for the week is seen from 345- 347 on upside & 290- 292 on downside.

SBI Outlook for the Week (April 08, 2019 – April 12, 2019)

EquityPandit’s Outlook for SBI for the week (April 08, 2019 – April 12, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on negative note losing -1.18%

Week High:: 328.55

Week Low: 317

Week Range: 11.55

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 310- 312 levels, whereas minor resistance on the upside is capped around 325- 327 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 290- 292 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 345- 347

Currently trend for the stock is trading in bullish trend as stock trading above 200 days exponential moving averages.

EquityPandit predicts SBI range for the week is seen from 345- 347 on upside & 290- 292 on downside.

SBI Outlook for the Week (April 01, 2019 – April 05, 2019)

EquityPandit’s Outlook for SBI for the week (April 01, 2019 – April 05, 2019):

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +7.61%

Week High:: 320.80

Week Low: 293.80

Week Range: 27.00

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 310- 312 levels, whereas minor resistance on the upside is capped around 325- 327 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 290- 292 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 345- 347

Currently trend for the stock is trading in bullish trend as trading above 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 345- 347 on upside & 290- 292 on downside.

SBI Outlook for the Week (Mar 25, 2019 – Mar 29, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 25, 2019 – Mar 29, 2019) :

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +2.39%

Week High:: 303.45

Week Low: 291.15

Week Range: 12.30

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 285- 280 levels, whereas minor resistance on the upside is capped around 310- 315 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 255- 250 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 320-325

Currently trend for the stock is sideways as stock trading very near or at 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 320- 325 on upside & 255- 250 on downside.

SBI Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 18, 2019 – Mar 22, 2019) :

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +5.85%

Week High:: 297.70

Week Low: 281.25

Week Range: 16.45

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 285- 280 levels, whereas minor resistance on the upside is capped around 305- 310 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 255- 250 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 320-325

Currently trend for the stock is sideways as stock trading very near or at 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 320- 325 on upside & 255- 250 on downside.

SBI Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 11, 2019 – Mar 15, 2019) :

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

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

Stock closed the week on positive note gaining +4.26%

Week High:: 281.25

Week Low: 269.75

Week Range: 11.50

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 270- 265 levels, whereas minor resistance on the upside is capped around 295- 300 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 255- 250 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 315- 320

Currently trend for the stock is sideways as stock trading very near or at 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 315- 320 on upside & 255- 250 on downside.

SBI Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 05, 2019 – Mar 08, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that minor support for the stock lies around 260 to 265. Support for the stock lies in the zone of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 263 and close the week around the levels of 273.

Minor support for the stock lies around 265 to 268. Support for the stock lies in the zone of 255 to 260 where low for the month of February-2019 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 278 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 283 to 287 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 255 to 260 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for SBI for the week  (Feb 25, 2019 – Mar 01, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a high of 272 and close the week around the levels of 271.

Minor support for the stock lies around 260 to 265. Support for the stock lies in the zone of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where low for the month of May-2018 is lying.

Resistance for the stock lies in the zone of 270 to 273 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 277 to 280 where Fibonacci levels and long term moving averages are lying.

Broad range for the stock in the coming week can be 245 to 260 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (Feb 18, 2019 – Feb 22, 2019)

EquityPandit’s Outlook for SBI for the week  (Feb 18, 2019 – Feb 22, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 8.00%.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying. During the week the stock manages to hit a low of 261 and close the week around the levels of 263.

Support for the stock lies in the zone of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where low for the month of May-2018 is lying.

Resistance for the stock lies in the zone of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying.

Broad range for the stock in the coming week can be 240 to 245 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (Feb 11, 2019 – Feb 15, 2019)

EquityPandit’s Outlook for SBI for the week  (Feb 11, 2019 – Feb 15, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying. During the week the stock manages to hit a low of 278 and close the week around the levels of 286.

Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying.

Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 305 to 310 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Feb 4, 2019 – Feb 8, 2019)

EquityPandit’s Outlook for SBI for the week  (Feb 4, 2019 – Feb 8, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying. During the week the stock manages to hit a low of 277 and close the week around the levels of 284.

Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying.

Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 305 to 310 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Jan 28, 2019 – Feb 1, 2019)

EquityPandit’s Outlook for SBI for the week  (Jan 28, 2019 – Feb 1, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.30%.

As we have mentioned last week, that minor support for the stock lies in the zone of 295 to 300. Support for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 283 and close the week around the levels of 285.

Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where Fibonacci levels and low for the month of December-2018 are lying.

Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 305 to 310 where long term Fibonacci levels are lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Jan 21, 2019 – Jan 25, 2019)

EquityPandit’s Outlook for SBI for the week  (Jan 21, 2019 – Jan 25, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 305 to 310 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 where high for the month of August-2018 is lying. During the week the index manages to hit a high of 307 and close the week around the levels of 295.

Minor support for the stock lies in the zone of 295 to 300. Support for the stock lies in the zone of 285 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 305 to 310 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 where high for the month of August-2018 is lying.

Broad range for the stock in the coming week can be 275 to 280 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Jan 14, 2019 – Jan 18, 2019)

EquityPandit’s Outlook for SBI for the week  (Jan 14, 2019 – Jan 18, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels and high for the month of November-2018 and December-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 308 and close the week around the levels of 303.

Minor support for the stock lies in the zone of 295 to 300. Support for the stock lies in the zone of 285 to 290 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 305 to 310 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 where high for the month of August-2018 is lying.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 315 to 320 on upper side.

SBI Outlook for the Week (Jan 07, 2019 – Jan 11, 2019)

EquityPandit’s Outlook for SBI for the week  (Jan 07, 2019 – Jan 11, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that minor support for the stock lies in the zone of 286 to 288. Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and short; medium & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying. During the week the stock manages to hit a low of 290 and close the week around the levels of 297.

Minor support for the stock lies in the zone of 285 to 290. Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and short; medium & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels and high for the month of November-2018 and December-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Dec 31, 2018 – Jan 04, 2019)

EquityPandit’s Outlook for SBI for the week  (Dec 31, 2018 – Jan 04, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 298 and close the week around the levels of 295.

Minor support for the stock lies in the zone of 286 to 288. Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and short; medium & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 305 to 310 on upper side.

SBI Outlook for the Week (Dec 24, 2018 – Dec 28, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 24, 2018 – Dec 28, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 302 and close the week around the levels of

Minor support for the stock lies in the zone of 284 to 286. Support for the stock lies in the zone of 275 to 280 where Fibonacci levels and short; medium & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 305 to 310 on upper side.

SBI Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 17, 2018 – Dec 21, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 5.10%.

As we have mentioned last week, that support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying. During the week the stock manages to hit a low of 268 and close the week around the levels of 289.

Minor support for the stock lies in the zone of 280 to 283. Support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 302 to 310 on upper side.

SBI Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 10, 2018 – Dec 14, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.50%.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where long term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 272 and close the week around the levels of 275.

Support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 280 to 283. Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 285 to 290 on upper side.

SBI Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 03, 2018 – Dec 07, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying. During the week the stock manages to hit a low of 280 and close the week around the levels of 285.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 265 to 270 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for SBI for the week  (Nov 26, 2018 – Nov 30, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 293 and close the week around the levels of 283.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 265 to 270 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Nov 19, 2018 – Nov 23, 2018)

EquityPandit’s Outlook for SBI for the week  (Nov 19, 2018 – Nov 23, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying. During the week the stock manages to hit a low of 273 and close the week around the levels of 291.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Nov 12, 2018 – Nov 16, 2018)

EquityPandit’s Outlook for SBI for the week  (Nov 12, 2018 – Nov 16, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 300 and close the week around the levels of 283.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Nov 05, 2018 – Nov 09, 2018)

EquityPandit’s Outlook for SBI for the week  (Nov 05, 2018 – Nov 09, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 15.00%.

As we have mentioned last week, that support for the stock lies in the zone of 245 to 250 where low for the month of July-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying. During the week the stock manages to hit a low of 248 and close the week around the levels of 285.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Oct 29, 2018 – Nov 02, 2018)

EquityPandit’s Outlook for SBI for the week  (Oct 29, 2018 – Nov 02, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.00%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 255 where low for the month of September-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying. During the week the stock manages to hit a low of 247 and close the week around the levels of 248.

Support for the stock lies in the zone of 245 to 250 where low for the month of July-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying.

Minor resistance for the stock lies around 260 to 265. Resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock broke down from August-2018 low.

Broad range for the stock in the coming week can be 230 to 235 on lower side & 270 to 275 on upper side.

SBI Outlook for the Week (Oct 22, 2018 – Oct 26, 2018)

EquityPandit’s Outlook for SBI for the week  (Oct 22, 2018 – Oct 26, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock broke down from August-2018 low and short term moving averages are lying. During the week the stock manages to hit a high of 275 and close the week around the levels of 261.

Support for the stock lies in the zone of 250 to 255 where low for the month of Sepetember-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying.

Resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock broke down from August-2018 low and short term moving averages are lying.

Broad range for the stock in the coming week can be 240 to 245 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (Oct 15, 2018 – Oct 19, 2018)

EquityPandit’s Outlook for SBI for the week  (Oct 15, 2018 – Oct 19, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 260 to 265 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a high of 280 and close the week around the levels of 264.

Support for the stock lies in the zone of 245 to 250 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying.

Resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock broke down from August-2018 low and short term moving averages are lying.

Broad range for the stock in the coming week can be 245 to 250 on lower side & 285 to 290 on upper side.

SBI Outlook for the Week (Oct 08, 2018 – Oct 12, 2018)

EquityPandit’s Outlook for SBI for the week  (Oct 08, 2018 – Oct 12, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock has broken down from August-2018 lows. During the week the stock manages to hit a high of 279 and close the week around the levels of 258.

Support for the stock lies in the zone of 245 to 250 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where low for the month of March-2018 and April-2018 is lying.

Resistance for the stock lies in the zone of 260 to 265 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280 where Fibonacci levels and long term moving averages are lying.

Broad range for the stock in the coming week can be 230 to 235 on lower side & 275 to 280 on upper side.

SBI Outlook for the Week (Oct 01, 2018 – Oct 05, 2018)

EquityPandit’s Outlook for SBI for the week  (Oct 01, 2018 – Oct 05, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock has broken down from August-2018 lows. During the week the stock manages to hit a high of 274 and close the week around the levels of 265.

Support for the stock lies in the zone of 260 to 265 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock has broken down from August-2018 lows.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for SBI for the week  (Sep 24, 2018 – Sep 28, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.70%.

As we have mentioned last week, that support for the stock lies in the zone of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels and medium & long term moving averages are lying. During the week the stock manages to hit a low of 253 and close the week around the levels of 271.

Support for the stock lies in the zone of 265 to 270 from where the stock broke out of June-2018 high. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 280 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 from where the stock has broken down from August-2018 lows.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 290 to 295 on upper side.

SBI Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for SBI for the week  (Sep 17, 2018 – Sep 21, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the stock lies in the zone of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels and medium & long term moving averages are lying. During the week the stock manages to hit a low of 280 and close the week around the levels of 291.

Support for the stock lies in the zone of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels and medium & long term moving averages are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 where high for the month of August-2018 is lying.

Broad range for the stock in the coming week can be 275 to 280 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for SBI for the week  (Sep 10, 2018 – Sep 14, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.80%.

As we have mentioned last week, that support for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying. During the week the stock manages to hit a low of 289 and close the week around the levels of 292.

Support for the stock lies in the zone of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 275 where Fibonacci levels and medium & long term moving averages are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 where high for the month of August-2018 is lying.

Broad range for the stock in the coming week can be 275 to 280 on lower side & 310 to 315 on upper side.

SBI Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for SBI for the week  (Sep 03, 2018 – Sep 07, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325. During the week the stock manages to hit high of 312 and close the week around the levels of 310.

Support for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 from where the stock broke out of June-2018 high and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 320 to 325 where high for the month of August-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 335 to 340.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 330 to 335 on upper side.

SBI Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for SBI for the week  (Aug 27, 2018 – Aug 31, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325. During the week the stock manages to hit a high of 309 and close the week around the levels of 300.

Minor support for the stock lies around 288 to 292. Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 320 to 325 on upper side.

SBI Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for SBI for the week  (Aug 20, 2018 – Aug 24, 2018) : 

STATE BANK OF INDIA:

 

SBIN

SBIN closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the stock lies around 285 to 290. Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 290 and close the week around the levels of 302.

Minor support for the stock lies around 285 to 290. Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 320 to 325 on upper side.

SBI Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for SBI for the week  (Aug 13, 2018 – Aug 17, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325. During the week the stock manages to hit a high of 326 and close the week around the levels of 305.

Minor support for the stock lies around 285 to 290. Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 320 to 325 on upper side.

SBI Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for SBI for the week  (Aug 06, 2018 – Aug 10, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 where Fibonacci levels are lying. During the week the stock manages to hit a high of 303 and close the week around the levels of 299.

Minor support for the stock lies around 285 to 290. Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 300 to 305 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 320 to 325 on upper side.

SBI Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for SBI for the week  (July 30, 2018 – Aug 03, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 9.60%.

As we have mentioned last week, that minor resistance for the stock lies around 266 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying. During the week the stock manages to hit a high of 297 and close the week around the levels of 287.

Support for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 285 to 290 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 300 to 305 on upper side.

SBI Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for SBI for the week  (July 23, 2018 – July 27, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 255 to 258 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where Fibonacci levels are lying. During the week the stock manages to hit a low of 250 and close the week around the levels of 261.

Support for the stock lies in the zone of 255 to 258 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where Fibonacci levels are lying.

Minor resistance for the stock lies around 266 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 245 to 250 on lower side & 275 to 280 on upper side.

SBI Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for SBI for the week  (July 16, 2018 – July 20, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the stock lies around 266 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying. During the week the index manages to hit a high of 266 and close the week around the levels of 258.

Support for the stock lies in the zone of 255 to 258 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where Fibonacci levels are lying.

Minor resistance for the stock lies around 266 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 245 to 250 on lower side & 270 to 275 on upper side.

SBI Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for SBI for the week  (July 09, 2018 – July 13, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying. During the week the stock manages to hit a low of 254 and close the week around the levels of 257.

Support for the stock lies in the zone of 255 to 258 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where Fibonacci levels are lying.

Minor resistance for the stock lies around 266 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 245 to 250 on lower side & 270 to 275 on upper side.

SBI Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for SBI for the week  (July 02, 2018 – July 06, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.00%.

As we have mentioned last week, that minor support for the stock lies around 267 to 270. Support for the stock lies in the zone of 260 to 263 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying. During the week the stock manages to hit a low of 255 and close the week around the levels of 259.

Support for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying.

Minor resistance for the stock lies around 268 to 270. Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 245 to 250 on lower side & 275 to 280 on upper side.

SBI Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for SBI for the week  (June 25, 2018 – June 29, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.60%.

As we have mentioned last week, that minor support for the stock lies around 267 to 270. Support for the stock lies in the zone of 260 to 263 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying. During the week the stock manages to hit a low of 266 and close the week around the levels of 273.

Minor support for the stock lies around 267 to 270. Support for the stock lies in the zone of 260 to 263 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 285 to 290 on upper side.

SBI Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for SBI for the week  (June 18, 2018 – June 22, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 270 to 275 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where long term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a high of 290 and close the week around the levels of 277.

Minor support for the stock lies around 267 to 270. Support for the stock lies in the zone of 260 to 263 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 255 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 280 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 285 to 290 on upper side.

SBI Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for SBI for the week  (June 11, 2018 – June 15, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that minor support for the stock lies around 258 to 260. Support for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where break out levels are lying. During the week the stock manages to hit a low of 261 and close the week around the levels of 273.

Minor support for the stock lies around 265 to 268. Support for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where break out levels are lying.

Resistance for the stock lies in the zone of 270 to 275 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where long term moving averages and Fibonacci levels are lying.

Broad range for the stock in the coming week can be 255 to 260 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for SBI for the week  (June 04, 2018 – June 08, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 265 to 270 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where long term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a high of 275 and close the week around the levels of 267.

Minor support for the stock lies around 258 to 260. Support for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where break out levels are lying.

Resistance for the stock lies in the zone of 270 to 275 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where long term moving averages and Fibonacci levels are lying.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for SBI for the week  (May 28, 2018 – June 01, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 11.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a high of 270 and close the week around the levels of 267.

Support for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where break out levels are lying.

Resistance for the stock lies in the zone of 265 to 270 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where long term moving averages and Fibonacci levels are lying.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 280 to 285 on upper side.

SBI Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for SBI for the week  (May 21, 2018 – May 25, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 4.40%.

As we have mentioned last week, that support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying. During the week the stock manages to hit a low of 238 and close the week around the levels of 239.

Support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in the coming week can be 220 to 225 on lower side & 250 to 255 on upper side.

SBI Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for SBI for the week  (May 14, 2018 – May 18, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a high of 253 and close the week around the levels of 250.

Support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in the coming week can be 230 to 235 on lower side & 265 to 270 on upper side.

SBI Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for SBI for the week  (May 07, 2018 – May 11, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a high of 250 and close the week around the levels of 242.

Support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in the coming week can be 225 to 230 on lower side & 250 to 255 on upper side.

SBI Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for SBI for the week  (Apr 30, 2018 – May 04, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying. During the week the stock manages to hit a low of 232 and close the week around the levels of 243.

Support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in the coming week can be 225 to 230 on lower side & 255 to 260 on upper side.

SBI Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for SBI for the week  (Apr 23, 2018 – Apr 27, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a high of 252 and close the week around the levels of 241.

Support for the stock lies in the zone of 235 to 240 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 250 to 255 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in the coming week can be 220 to 225 on lower side & 255 to 260 on upper side.

SBI Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for SBI for the week  (Apr 16, 2018 – Apr 20, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a high of 265 and close the week around the levels of 251.

Support for the stock lies in the zone of 245 to 248 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying.

Broad range for the stock in the coming week can be 230 to 235 on lower side & 265 to 270 on upper side.

SBI Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for SBI for the week  (Apr 09, 2018 – Apr 13, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a high of 262 and close the week around the levels of 260.

Support for the stock lies in the zone of 245 to 248 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 225 to 230 where long term Fibonacci levels and lows for the month of March-2018 are lying.

Resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying.

Broad range for the stock in the coming week can be 240 to 245 on lower side & 270 to 275 on upper side.

SBI Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for SBI for the week  (Apr 02, 2018 – Apr 06, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 6.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 240 to 250 from where the stock broke down from the double bottom pattern and long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels are lying. During the week the stock manages to hit a high of 256 and close the week around the levels of 250.

Minor support for the stock lies in the zone of 242 to 245. Support for the stock lies in the zone of 223 to 226 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 190 to 200 where the stock broke out on monthly charts and long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 255 to 260 from where the stock broke down from February-2018 lows. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels and short term moving averages are lying.

Broad range for the stock in the coming week can be 220 to 225 on lower side & 250 to 255 on upper side.

SBI Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for SBI for the week  (Mar 26, 2018 – Mar 28, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.70%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017. During the week the stock manages to hit a low of 232 and close the week around the levels of 235.

Support for the stock lies in the zone of 220 to 225 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 190 to 200 where the stock broke out on monthly charts and long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 240 to 250 from where the stock broke down from the double bottom pattern and long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 265 to 270 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 220 to 225 on lower side & 250 to 255 on upper side.

SBI Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for SBI for the week  (Mar 12, 2018 – Mar 16, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.40%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017. During the week the stock manages to hit a low of 244 and close the week around the levels of 253.

Support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017.

Resistance for the stock lies in the zone of 270 to 275 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 285 to 290 where short & long term moving averages are lying.

Broad range for the stock in the coming week can be 240 to 245 on lower side & 270 to 275 on upper side.

SBI Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for SBI for the week  (Mar 05, 2018 – Mar 09, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.10%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 280 to 285. Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock broke down after consolidation. During the week the stock manages to hit a high of 280 and close the week around the levels of 262.

Support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017.

Minor resistance for the stock lies in the zone of 270 to 275. Resistance for the stock lies in the zone of 280 to 290 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 290 to 295 on upper side.

SBI Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for SBI for the week  (Feb 26, 2018 – Mar 02, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that minor support for the stock lies in the zone of 265 to 270. Support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017. During the week the stock manages to hit a low of 257 and close the week around the levels of 276.

Minor support for the stock lies in the zone of 265 to 270. Support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017.

Minor resistance for the stock lies in the zone of 280 to 285. Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 290 to 295 on upper side.

SBI Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for SBI for the week  (Feb 19, 2018 – Feb 23, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 8.50%.

As we have mentioned last week, that support for the stock lies in the zone of 290 to 292 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has opened gap up. During the week the stock manages to hit a low of 270 and close the week around the levels of 272.

Minor support for the stock lies in the zone of 265 to 270. Support for the stock lies in the zone of 250 to 255 from where the stock has opened gap up and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 245 where the stock has taken support in the month of October-2017.

Minor resistance for the stock lies in the zone of 280 to 285. Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 250 to 255 on lower side & 290 to 295 on upper side.

SBI Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for SBI for the week  (Feb 12, 2018 – Feb 16, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the stock lies in the zone of 290 to 292 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has opened gap up. During the week the stock manages to hit a low of 283 and close the week around the levels of 296.

Support for the stock lies in the zone of 290 to 292 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has opened gap up.

Resistance for the stock lies in the zone of 305 to 310 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 315 to 320 on upper side.

SBI Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for SBI for the week  (Feb 05, 2018 – Feb 09, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 306 to 308. Support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 292 where Fibonacci levels and medium and long term moving averages are lying. During the week the stock manages to hit a low of 295 and close the week around the levels of 297.

Support for the stock lies in the zone of 290 to 292 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 280 to 285 where the stock has opened gap up.

Resistance for the stock lies in the zone of 305 to 310 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 320 to 325 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 315 to 320 on upper side.

SBI Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for SBI for the week  ( Jan 29, 2018 – Feb 02, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 312 to 314 from where the stock has broken down on weekly charts. If the stock manages to close above these levels then the stock can move to the levels of 322 to 325 from where the stock broke down after consolidation. During the week the stock manages to hit a high of 333 and close the week around the levels of 314.

Minor support for the stock lies in the zone of 306 to 308. Support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 292 where Fibonacci levels and medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 322 to 325 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 335 to 340.

Broad range for the stock in the coming week can be 295 to 300 on lower side & 330 to 335 on upper side.

SBI Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for SBI for the week  ( Jan 22, 2018 – Jan 25, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 292 where Fibonacci levels and medium and long term moving averages are lying. During the week the stock manages to hit a low of 293 and close the week around the levels of 307.

Support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 292 where Fibonacci levels and medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 312 to 314 from where the stock has broken down on weekly charts. If the stock manages to close above these levels then the stock can move to the levels of 322 to 325 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 320 to 325 on upper side.

SBI Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for SBI for the week  ( Jan 15, 2018 – Jan 19, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.30%.

As we have mentioned last week, that support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 289 to 292 where Fibonacci levels and medium and long term moving averages are lying. During the week the stock manages to hit a low of 300 and close the week around the levels of 302.

Support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 292 where Fibonacci levels and medium and long term moving averages are lying.

Minor resistance for the stock lies in the zone of 307 to 309. Resistance for the stock lies in the zone of 312 to 314 from where the stock has broken down on weekly charts. If the stock manages to close above these levels then the stock can move to the levels of 322 to 325 from where the stock broke down after consolidation.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 315 to 320 on upper side.

SBI Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for SBI for the week  ( Jan 08, 2018 – Jan 12, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and medium and long term moving averages are lying. During the week the stock manages to hit a low of 301 and close the week around the levels of 306.

Support for the stock lies in the zone of 299 to 301 where the stock has taken support in the month of December-2017. If the stock manages to close below these levels then the stock can drift to the levels of 289 to 292 where Fibonacci levels and medium and long term moving averages are lying.

Minor resistance for the stock lies in the zone of 310 to 312. Resistance for the stock lies in the zone of 322 to 325 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 325 to 330 on upper side.

SBI Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for SBI for the week  Jan 01, 2018 – Jan 05, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.10%.

As we have mentioned last week, that support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and medium and long term moving averages are lying. During the week the stock manages to hit a low of 308 and close the week around the levels of 310.

Support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 322 to 325 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 325 to 330 on upper side.

SBI Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 26, 2017 – Dec 29, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.40%

As we have mentioned last week, that resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying. During the week the stock manages to hit a high of 324 and close the week around the levels of 320.

Support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 305 to 310 on lower side & 335 to 340 on upper side.

SBI Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 18, 2017 – Dec 22, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying. During the week the stock manages to hit a low of 309 and close the week around the levels of 312.

Support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 295 to 300 on lower side & 330 to 335 on upper side.

SBI Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 11, 2017 – Dec 15, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying. During the week the stock manages to hit a low of 309 and close the week around the levels of 313.

Support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 330 to 335 on upper side.

SBI Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 04, 2017 – Dec 08, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.00%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 338 to 340. Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365. During the week the stock manages to hit a high of 337 and close the week around the levels of 313.

Support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 330 to 335 on upper side.

SBI Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 27, 2017 – Dec 01, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.60%.

As we have mentioned last week, that minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. During the week the stock manages to hit a low of 327 and close the week around the levels of 332.

Minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs.

Minor resistance for the stock lies in the zone of 338 to 340. Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be 310 to 315 on lower side & 350 to 355 on upper side.

SBI Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 20, 2017 – Nov 24, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. During the week the stock manages to hit a low of 322 and close the week around the levels of 337.

Minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs.

Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be 310 to 315 on lower side & 350 to 355 on upper side.

SBI Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 13, 2017 – Nov 17, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 295 where Fibonacci levels are lying. During the week the stock manages to hit a low of 307 and close the week around the levels of 333.

Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs.

Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be 305 to 310 on lower side & 350 to 355 on upper side.

SBI Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 06, 2017 – Nov 10, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that minor support for the stock lies in the zone of 305 to 308. Support for the stock lies in the zone of 288 to 292 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 280 short, medium and long term moving averages are lying. During the week the stock manages to hit a low of 304 and close the week around the levels of 325.

Support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 290 to 295 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 300 to 305 on lower side & 345 to 350 on upper side.

SBI Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 30, 2017 – Nov 03, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 28.00%.

As we have mentioned last week, that support for the stock lies in the zone of 240 to 242. If the stock manages to close below these levels then the stock can drift to the levels of 230 to 235 from where the stock broke out of consolidation in the month of August-2016. During the week the stock manages to hit a low of 242 and close the week around the levels of 311.

Minor support for the stock lies in the zone of 305 to 308. Support for the stock lies in the zone of 288 to 292 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 275 to 280 short, medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 320 to 325 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 280 to 285 on lower side & 335 to 340 on upper side.

 

SBI Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 23, 2017 – Oct 27, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242. During the week the stock manages to hit a low of 241 and close the week around the levels of 243.

Support for the stock lies in the zone of 240 to 242. If the stock manages to close below these levels then the stock can drift to the levels of 230 to 235 from where the stock broke out of consolidation in the month of August-2016.

Resistance for the stock lies in the zone of 249 to 251 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 259 to 261.

Broad range for the stock in the coming week can be 230 to 232 on lower side & 255 to 257 on upper side.

SBI Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 16, 2017 – Oct 19, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.80%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 258 and close the week around the levels of 252.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

SBI Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 09, 2017 – Oct 13, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242. During the week the stock manages to hit a low of 249 and close the week around the levels of 257.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

SBI Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 03, 2017 – Oct 06, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 260 to 262 from where the stock has broken out. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 250 and close the week around the levels of 254.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

SBI Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for SBI for the week  (Sep 25, 2017 – Sep 29, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.50%.

As we have mentioned last week, that support for the stock lies in the zone of 268 to 270 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 from where the stock has broken out. During the week the stock manages to hit a low of 261 and close the week around the levels of 262.

Support for the stock lies in the zone of 260 to 262 from where the stock has broken out. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 264 to 266. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 250 to 252 on lower side & 272 to 274 on upper side.

SBI Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for SBI for the week  (Sep 18, 2017 – Sep 22, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 276 to 278 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 286 to 288 where Fibonacci levels and short & medium term moving averages are lying. During the week the stock manages to hit a high of 277 and close the week around the levels of 271.

Support for the stock lies in the zone of 268 to 270 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 from where the stock has broken out.

Resistance for the stock lies in the zone of 276 to 278 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 286 to 288 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock in the coming week can be 260 to 262 on lower side & 282 to 284 on upper side.

SBI Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for SBI for the week  (Sep 11, 2017 – Sep 15, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.30%.

As we have mentioned last week that support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support. During the week the stock manages to hit a low of 271 and close the week around the levels of 272.

Support for the stock lies in the zone of 268 to 270 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 from where the stock has broken out.

Resistance for the stock lies in the zone of 276 to 278 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 286 to 288 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock in the coming week can be 264 to 266 on lower side & 292 to 294 on upper side.

SBI Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for SBI for the week  (Sep 04, 2017 – Sep 08, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.90%.

As we have mentioned last week that support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support. During the week the stock manages to hit a low of 274 and close the week around the levels of 278.

Support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 283 to 285. Resistance for the stock lies in the zone of 288 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 297 to 299.

Broad range for the stock in the coming week can be 264 to 266 on lower side & 292 to 294 on upper side.

SBI Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for SBI for the week  (Aug 28, 2017 – Sep 01, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support. During the week the stock manages to hit a low of 271 and close the week around the levels of 280.

Support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 283 to 285. Resistance for the stock lies in the zone of 288 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 297 to 299.

Broad range for the stock in the coming week can be 264 to 266 on lower side & 292 to 294 on upper side.

SBI Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for SBI for the week  (Aug 21, 2017 – Aug 25, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.50%.

As we have mentioned last week that support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support. During the week the stock manages to hit a low of 274 and close the week around the levels of 279.

Support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 283 to 285. Resistance for the stock lies in the zone of 288 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 297 to 299.

Broad range for the stock in the coming week can be 264 to 266 on lower side & 292 to 294 on upper side.

SBI Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for SBI for the week  (Aug 14, 2017 – Aug 18, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 8.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 298 to 300. Support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. During the week the stock manages to hit a low of 277 and close the week around the levels of 280.

Support for the stock lies in the zone of 275 to 277 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 283 to 285. Resistance for the stock lies in the zone of 288 to 290 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 297 to 299.

Broad range for the stock in the coming week can be 264 to 266 on lower side & 292 to 294 on upper side.

SBI Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for SBI for the week  (Aug 07, 2017 – Aug 11, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 300 to 302. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where the stock has formed a top in the month of May-2017. During the week the stock manages to hit a high of 315 and close the week around the levels of 305.

Minor support for the stock lies in the zone of 298 to 300. Support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017.

Resistance for the stock lies in the zone of 312 to 315 where the stock has formed a top in the month of May-2017. If the stock manages to close above these levels then the stock can move to the levels of 325 to 327 where long term trend-line resistance for the stock is lying.

Broad range for the stock in the coming week can be 292 to 295 on lower side & 315 to 318 on upper side.

SBI Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for SBI for the week  (July 31, 2017 – Aug 04, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 295 to 297 where high for the month of June-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302. During the week the stock manages to hit a high of 301 and close the week around the levels of 299.

Minor support for the stock lies in the zone of 295 to 296. Support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017.

Resistance for the stock lies in the zone of 300 to 302. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where the stock has formed a top in the month of May-2017.

Broad range for the stock in the coming week can be 290 to 292 on lower side & 312 to 315 on upper side.

SBI Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for SBI for the week  (July 24, 2017 – July 28, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.30%.

As we have mentioned last week that support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. During the week the stock manages to hit a low of 288 and close the week around the levels of 291.

Support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017.

Resistance for the stock lies in the zone of 295 to 297 where high for the month of June-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302.

Broad range for the stock in the coming week can be 280 to 282 on lower side & 300 to 302 on upper side.

SBI Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for SBI for the week  (July 17, 2017 – July 21, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 where Fibonacci level is lying. During the week the stock manages to hit a high of 300 and close the week around the levels of 292.

Support for the stock lies in the zone of 288 to 290 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017..

Resistance for the stock lies in the zone of 295 to 297 where high for the month of June-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302.

Broad range for the stock in the coming week can be 280 to 282 on lower side & 300 to 302 on upper side.

SBI Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for SBI for the week  (July 10, 2017 – July 14, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 where Fibonacci level is lying. During the week the index manages to hit a high of 283 and close the week around the levels of 280.

Minor support for the index lies in the zone of 276 to 277. Support for the stock lies in the zone of 270 to 272 where long term moving averages and break-out levels for the stock are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 where lows for the month of March – 2017 is lying.

Resistance for the stock lies in the zone of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 where Fibonacci level is lying.

Broad range for the stock in the coming week can be 270 to 272 on lower side & 290 to 292 on upper side.

SBI Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for SBI for the week  (July 03, 2017 – July 07, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 285 to 287. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying. During the week the stock manages to hit a low of 270 and close the week around the levels of 274.

Support for the stock lies in the zone of 270 to 272 where long term moving averages and break-out levels for the stock are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 where lows for the month of March – 2017 is lying.

Resistance for the stock lies in the zone of 279 to 281 from where the stock broke down from the lows of April – 2017 and May – 2017. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 where Fibonacci level is lying.

Broad range for the stock in the coming week can be 265 to 267 on lower side & 284 to 286 on upper side.

SBI Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for SBI for the week  (June 27, 2017 – June 30, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor support for the stock lies in the zone of 283 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying. During the week the stock manages to hit a low of 285 and close the week around the levels of 289.

Minor support for the stock lies in the zone of 285 to 287. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying.

Minor resistance for the stock lies in the zone of 293 to 295. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015.

Broad range for the stock in the coming week can be 275 to 277 on lower side & 298 to 300 on upper side.

SBI Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for SBI for the week  (June 19, 2017 – June 23, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.90%.

As we have mentioned last week that minor support for the stock lies in the zone of 283 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying. During the week the stock manages to hit a low of 281 and close the week around the levels of 286.

Minor support for the stock lies in the zone of 283 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying.

Minor resistance for the stock lies in the zone of 290 to 292. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015.

Broad range for the stock in the coming week can be 275 to 277 on lower side & 295 to 297 on upper side.

SBI Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for SBI for the week  (June 12, 2017 – June 16, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.50%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. During the week the stock manages to hit a high of 293 and close the week around the levels of 289.

Minor support for the stock lies in the zone of 283 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 270 to 272 where long term moving averages and break-out levels for the stock are lying.

Minor resistance for the stock lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015.

Broad range for the stock in the coming week can be 277 to 279 on lower side & 300 to 302 on upper side.

SBI Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for SBI for the week  (June 05, 2017 – June 09, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.50%.

As we have mentioned last week that support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 277 to 279 where lows for the month of April-2017 and medium term moving averages are lying. During the week the stock manages to hit a low of 281 and close the week around the levels of 287.

Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 277 to 279 where lows for the month of April-2017 and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015.

Broad range for the stock in the coming week can be 277 to 279 on lower side & 300 to 302 on upper side.

SBI Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for SBI for the week  (May 29, 2017 – June 02, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 300 to 302. Support for the stock lies in the zone of 288 to 290 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 from where the stock broke out of February-2017 highs. During the week the stock manages to hit a low of 282 and close the week around the levels of 288.

Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 277 to 279 where lows for the month of April-2017 and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 302 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015.

Broad range for the stock in the coming week can be 277 to 279 on lower side & 300 to 302 on upper side.

SBI Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for SBI for the week  (May 22, 2017 – May 26, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 3.30%.

As we have mentioned last week that minor resistance for the stock lies in the 300 to 302. Resistance for the stock lies in the zone of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. If the stock manages to close above these levels then the stock can move to the levels of 328 to 330 where trend-line joining earlier highs is lying. During the week the stock manages to hit a high of 315 and close the week around the levels of 308.

Minor support for the stock lies in the zone of 300 to 302. Support for the stock lies in the zone of 288 to 290 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 from where the stock broke out of February-2017 highs.

Resistance for the stock lies in the zone of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. If the stock manages to close above these levels then the stock can move to the levels of 328 to 330 where trend-line joining earlier highs is lying.

Broad range for the stock in the coming week can be 295 to 298 on lower side & 318 to 320 on upper side.

SBI Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for SBI for the week  (May 15, 2017 – May 19, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.70%.

As we have mentioned last week that minor resistance for the stock lies in the 300 to 302. Resistance for the stock lies in the zone of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. If the stock manages to close above these levels then the stock can move to the levels of 328 to 330 where trend-line joining earlier highs is lying. During the week the stock manages to hit a high of 303 and close the week around the levels of 298.

Minor support for the stock lies in the zone of 293 to 295. Support for the stock lies in the zone of 288 to 290 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying.

Minor resistance for the stock lies in the 300 to 302. Resistance for the stock lies in the zone of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. If the stock manages to close above these levels then the stock can move to the levels of 328 to 330 where trend-line joining earlier highs is lying.

Broad range for the stock in the coming week can be 285 to 287 on lower side & 308 to 310 on upper side.

SBI Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for SBI for the week  (May 08, 2017 – May 12, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 284 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 from where the stock broke out and medium term moving averages are lying. During the week the stock manages to hit a low of 286 and close the week around the levels of 296.

Support for the stock lies in the zone of 288 to 290 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying.

Minor resistance for the stock lies in the 300 to 302. Resistance for the stock lies in the zone of 307 to 310 from where the stock has sold off in the month of March-2015 & May-2015. If the stock manages to close above these levels then the stock can move to the levels of 328 to 330 where trend-line joining earlier highs is lying.

Broad range for the stock in the coming week can be 285 to 287 on lower side & 308 to 310 on upper side.

SBI Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for SBI for the week  (May 02, 2017 – May 05, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.70%.

As we have mentioned last week that support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 from where the stock broke out and medium term moving averages are lying. During the week the stock manages to hit a low of 281 and close the week around the levels of 290.

Minor support for the stock lies in the zone of 284 to 285. Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 from where the stock broke out and medium term moving averages are lying.

Resistance for the stock lies in the zone of 288 to 290 from where the stock broke down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of around 296 to 298 where the stock has formed a short term top.

Broad range for the stock in the coming week can be 280 to 282 on lower side and 300 to 302 on upper side.

SBI Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for SBI for the week  (April 24, 2017 – April 28, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 283 to 285 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 280 where short term moving averages are lying. During the week the stock manages to hit a low of 279 and close the week around the levels of 282.

Support for the stock lies in the zone of 278 to 280 from where the stock broke out of February-2017 highs and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 from where the stock broke out and medium term moving averages are lying.

Minor resistance for the index lies in the zone of 284 to 285. Resistance for the stock lies in the zone of 288 to 290 from where the stock broke down and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of around 296 to 298 where the stock has formed a short term top.

Broad range for the stock in the coming week can be 270 to 272 on lower side to 290 to 292 on upper side.

SBI Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for SBI for the week  (April 17, 2017 – April 21, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.70%.

As we have mentioned last week that minor resistance for the index lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 305 from where the stock sold off in the month of May-2015. If the stock manages to close above these levels then the stock can move to the levels of around 325 to 330 where trend-line joining highs of 352 and 336 is lying. During the week the stock manages to hit a high of 295 and close the week around the levels of 292.

Minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 283 to 285 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 280 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 305 from where the stock sold off in the month of May-2015. If the stock manages to close above these levels then the stock can move to the levels of around 325 to 330 where trend-line joining highs of 352 and 336 is lying.

Broad range for the stock in the coming week can be 280 to 282 on lower side to 300 to 303 on upper side.

SBI Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for SBI for the week  (April 10, 2017 – April 13, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 283 to 285 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 280. During the week the stock manages to hit a low of 288 and close the week around the levels of 289.

Minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 283 to 285 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 280.

Minor resistance for the index lies in the zone of 292 to 294. Resistance for the stock lies in the zone of 300 to 305 from where the stock sold off in the month of May-2015. If the stock manages to close above these levels then the stock can move to the levels of around 325 to 330 where trend-line joining highs of 352 and 336 is lying.

Broad range for the stock in the coming week can be 280 to 282 on lower side to 300 to 303 on upper side.

SBI Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for SBI for the week  (April 03, 2017 – April 07, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 6.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. Resistance for the stock lies in the zone of 281 to 283 where highs for the month of February-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016. During the week the stock manages to hit a high of 295 and close the week around the levels of 293.

Minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 283 to 285 from where the stock broke out of February-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 279 to 280.

Resistance for the stock lies in the zone of 300 to 305 from where the stock sold off in the month of May-2015. If the stock manages to close above these levels then the stock can move to the levels of around 325 to 330 where trend-line joining highs of 352 and 336 is lying.

Broad range for the stock in the coming week can be 283 to 285 on lower side to 303 to 305 on upper side.

SBI Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for SBI for the week (March 27, 2017 – March 31, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.90%.

As we have mentioned last week that minor support for the stock lies in the zone of 270 to 272. Support for the stock lies in the zone of 264 to 266 where short term moving averages and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where medium term moving averages are lying. During the week the stock manages to hit a low of 267 and close the week around the levels of 277.

Minor support for the stock lies in the zone of 270 to 272. Support for the stock lies in the zone of 264 to 266 where short term moving averages and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. Resistance for the stock lies in the zone of 281 to 283 where highs for the month of February-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 266 to 268 on lower side to 283 to 285 on upper side.

SBI Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for SBI for the week (March 20, 2017 – March 24, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. Resistance for the stock lies in the zone of 281 to 283 where highs for the month of February-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016. During the week the stock manages to hit a high of 280 and close the week around the levels of 274.

Minor support for the stock lies in the zone of 270 to 272. Support for the stock lies in the zone of 264 to 266 where short term moving averages and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. Resistance for the stock lies in the zone of 281 to 283 where highs for the month of February-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 264 to 266 on lower side to 280 to 282 on upper side.

SBI Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for SBI for the week (March 14, 2017 – March 17, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 2.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 267 to 269 from where the stock broke down after consolidating for 2 weeks. Resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016. During the week the stock manages to hit a high of 276 and close the week around the levels of 272.

Minor support for the stock lies in the zone of 266 to 268. Support for the stock lies in the zone of 260 to 262 where short term and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. Resistance for the stock lies in the zone of 281 to 283 where highs for the month of February-2017 is lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 260 to 262 on lower side to 280 to 282 on upper side.

SBI Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for SBI for the week (March 06, 2017 – March 10, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 273 to 275. Resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016. During the week the stock manages to hit a high of 275 and close the week around the levels of 265.

Support for the stock lies in the zone of 260 to 262 where short term and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 267 to 269 from where the stock broke down after consolidating for 2 weeks. Resistance for the stock lies in the zone of 275 to 277 where the stock is facing multiple resistance. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 255 to 257 on lower side to 275 to 277 on upper side.

SBI Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for SBI for the week (February 27, 2017 – March 03, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.40%.

As we have mentioned last week that support for the stock lies in the zone of 269 to 271 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where short term and medium term moving averages are lying. During the week the stock manages to hit a low of 268 and close the week around the levels of 270.

Support for the stock lies in the zone of 269 to 271 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where short term and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 273 to 275. Resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 260 to 262 on lower side to 280 to 282 on upper side.

SBI Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for SBI for the week (February 20, 2017 – February 24, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 2.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016. During the week the stock manages to hit a high of 278 and close the week around the levels of 269.

Support for the stock lies in the zone of 269 to 271 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 where short term and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 273 to 275. Resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 260 to 262 on lower side to 280 to 282 on upper side.

SBI Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for SBI for the week (February 13, 2017 – February 17, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 0.40%.

As we have mentioned last week that minor support for the stock lies in the zone of 274 to 275. Support for the stock lies in the zone of 269 to 271 from where the stock broke out of the inverse H & S pattern. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262. During the week the stock manages to hit a low of 271 and close the week around the levels of 276.

Minor support for the stock lies in the zone of 274 to 275. Support for the stock lies in the zone of 269 to 271 from where the stock broke out of the inverse H & S pattern. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262.

Resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 265 to 267 on lower side to 283 to 285 on upper side.

SBI Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for SBI for the week (February 06, 2017 – February 10, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 269 to 271 where the stock has formed a high in the month of December-2016. If the stock manages to close above these levels then the stock can move to the levels of 277 to 279 from where the stock sold off in the month of November-2016. During the week the stock manages to hit a high of 278.55 and close the week around the levels of 276.

Minor support for the stock lies in the zone of 274 to 275. Support for the stock lies in the zone of 269 to 271 from where the stock broke out of the inverse H & S pattern. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262.

Resistance for the stock lies in the zone of 277 to 279 from where the stock sold off in the month of November-2016. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where the stock has formed a top in the month of November-2016.

Broad range for the stock in the coming week can be 268 to 270 on lower side to 290 to 292 on upper side.

SBI Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for SBI for the week (January 30, 2017 – February 03, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 6.10%.

As we have mentioned last week that minor support for the stock lies in the zone of 246 to 248. Support for the stock lies in the zone of 240 to 242 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016. During the week the stock manages to hit a low of 250 and close the week around the levels of 266.

Minor support for the stock lies in the zone of 262 to 264. Support for the stock lies in the zone of 256 to 258 where the stock broke out on intraday basis. If the stock manages to close below these levels then the index can drift to the levels of 250 to 251 where Fibonacci level is lying.

Resistance for the stock lies in the zone of 269 to 271 where the stock has formed a high in the month of December-2016. If the stock manages to close above these levels then the stock can move to the levels of 277 to 279 from where the stock sold off in the month of November-2016.

Broad range for the stock in the coming week can be 256 to 258 on lower side to 278 to 280 on upper side.

 

 

SBI Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for SBI for the week (January 23, 2017 – January 27, 2017) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the stock lies in the zone of 250 to 252. Resistance for the stock lies in the zone of 254 to 256 from where the stock has broken down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 262 to 264 from where the stock has broken down on weekly basis. During the week the stock manages to hit a high of 262 and close the week around the levels of 251.

Minor support for the stock lies in the zone of 246 to 248. Support for the stock lies in the zone of 240 to 242 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 250 to 252. Resistance for the stock lies in the zone of 254 to 256 from where the stock has broken down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 262 to 264 from where the stock has broken down on weekly basis.

Broad range for the stock in the coming week can be 242 to 244 on lower side to 258 to 260 on upper side.

SBI Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for SBI for the week (January 16, 2017 – January 20, 2017) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 2.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 250 to 252. Resistance for the stock lies in the zone of 254 to 256 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 262 to 264 from where the stock has broken down on weekly basis. During the week the stock manages to hit a high of 254 and close the week around the levels of 251.

Minor support for the stock lies in the zone of 246 to 248. Support for the stock lies in the zone of 240 to 242 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 250 to 252. Resistance for the stock lies in the zone of 254 to 256 from where the stock has broken down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 262 to 264 from where the stock has broken down on weekly basis.

Broad range for the stock in the coming week can be 242 to 244 on lower side to 258 to 260 on upper side.

SBI Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for SBI for the week (January 09, 2017 – January 13, 2017) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 1.70%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 253 to 255 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 267 to 270 levels. During the week the stock manages to hit a high of 254 and close the week around the levels of 246.

Support for the stock lies in the zone of 240 to 242 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 250 to 252. Resistance for the stock lies in the zone of 254 to 256 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 262 to 264 from where the stock has broken down on weekly basis.

Broad range for the stock in the coming week can be 236 to 238 on lower side to 254 to 256 on upper side.

SBI Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for SBI for the week (January 02, 2017 – January 06, 2017) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 0.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 253 to 255 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 267 to 270 levels. During the week the stock manages to hit a high of 252.50 and close the week around the levels of 250.

Support for the stock lies in the zone of 248 to 252 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 253 to 255 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 267 to 270 levels.

Broad range for the stock in the coming week can be 240 to 242 on lower side to 260 to 262 on upper side.

SBI Outlook for the Week (December 26, 2016 – December 30, 2016)

EquityPandit’s Outlook for SBI for the week (December 26, 2016 – December 30, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 5.90%.

As we have mentioned last week that minor support for the stock lies in the zone of 260 to 262 on intraday basis. Support for the stock lies in the zone of 250 to 252 from where the stock has bounced 3 times in last 15 days. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016. During the week the stock manages to hit a low of 248 and close the week around the levels of 249.

Support for the stock lies in the zone of 248 to 252 from where the stock has bounced many times in last 1 month. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 253 to 255 from where the stock has broken down on intraday basis. Resistance for the stock lies in the zone of 258 to 260 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 267 to 270 levels.

Broad range for the stock in the coming week can be 240 to 242 on lower side to 260 to 262 on upper side.

SBI Outlook for the Week (December 19, 2016 – December 23, 2016)

EquityPandit’s Outlook for SBI for the week (December 19, 2016 – December 23, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the stock lies in the zone of 260 to 262 on intraday basis. Support for the stock lies in the zone of 250 to 252 from where the stock has bounced 3 times in last 15 days. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016. During the week the stock manages to hit a low of 259 and close the week around the levels of 265.

Minor support for the stock lies in the zone of 260 to 262 on intraday basis. Support for the stock lies in the zone of 250 to 252 from where the stock has bounced 3 times in last 15 days. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Resistance for the stock lies in the zone of 269 to 271 levels from where the stock has broken down from the declining triangle pattern on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 278 to 280 from where the stock has broken down.

Broad range for the stock in the coming week can be 250 to 252 on lower side to 275 to 278 on upper side.

SBI Outlook for the Week (December 12, 2016 – December 16, 2016)

EquityPandit’s Outlook for SBI for the week (December 12, 2016 – December 16, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 4.90%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 262 to 264 levels. Resistance for the stock lies in the zone of 269 to 271 levels from where the stock has broken down from the declining triangle pattern on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 278 to 280 from where the stock has broken down. During the week the stock manages to hit a high of 267 and close the week around the levels of 266.50.

Minor support for the stock lies in the zone of 260 to 262 on intraday basis. Support for the stock lies in the zone of 250 to 252 from where the stock has bounced 3 times in last 15 days. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Resistance for the stock lies in the zone of 269 to 271 levels from where the stock has broken down from the declining triangle pattern on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 278 to 280 from where the stock has broken down.

Broad range for the stock in the coming week can be 250 to 252 on lower side to 275 to 278 on upper side.

SBI Outlook for the Week (December 05, 2016 – December 09, 2016)

EquityPandit’s Outlook for SBI for the week (December 05, 2016 – December 09, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 2.60%.

As we have mentioned last week that support for the stock lies in the zone of 263 to 265 from where the stock has broken out of the double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 246 to 248 where medium term moving averages are lying. During the week the stock manages to hit a low of 248 and close the week around the levels of 254.

Support for the stock lies in the zone of 246 to 248 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 from where the stock has bounced on 09/11/2016.

Minor resistance for the stock lies in the zone of 262 to 264 levels. Resistance for the stock lies in the zone of 269 to 271 levels from where the stock has broken down from the declining triangle pattern on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 278 to 280 from where the stock has broken down.

Broad range for the stock in the coming week can be 240 to 242 on lower side to 265 to 268 on upper side.

SBI Outlook for the Week (November 28, 2016 – December 02, 2016)

EquityPandit’s Outlook for SBI for the week (November 28, 2016 – December 02, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 5.40%.

As we have mentioned last week that Minor support for the stock lies in the zone of 270. Support for the stock lies in the zone of 263 to 265 from where the stock has broken out of the double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 246 to 248 where medium term moving averages are lying. During the week the stock manages to hit a low of 251 and close the week around the levels of 261.

Support for the stock lies in the zone of 263 to 265 from where the stock has broken out of the double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 246 to 248 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 264 to 266 levels. Resistance for the stock lies in the zone of 269 to 271 levels from where the stock has broken down from the declining triangle pattern on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 278 to 280 from where the stock has broken down.

Broad range for the stock in the coming week can be 248 to 250 on lower side to 270 to 272 on upper side.

SBI Outlook for the Week (November 21, 2016 – November 25, 2016)

EquityPandit’s Outlook for SBI for the week (November 15, 2016 – November 18, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 277 to 280. Resistance for the stock lies in the zone of 290 to 292 from where the stock has sold off in the month of August-2015. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock sold off in the month of May-2015. During the week the stock manages to hit a high of 285 and close the week around the levels of 276.

Minor support for the stock lies in the zone of 270. Support for the stock lies in the zone of 263 to 265 from where the stock has broken out of the double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 246 to 248 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 277 to 280. Resistance for the stock lies in the zone of 290 to 292 from where the stock has sold off in the month of August-2015. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock sold off in the month of May-2015.

Broad range for the stock in the coming week can be 250 to 255 on lower side to 290 to 292 on upper side.

SBI Outlook for the Week (November 15, 2016 – November 18, 2016)

EquityPandit’s Outlook for SBI for the week (November 15, 2016 – November 18, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 12.35%.

As we have mentioned last week that minor support for the stock lies in the zone of 240 where medium term moving averages are lying. Support for the stock lies in the zone of 234 to 236 from where the stock bas broken out of the top formed in the month of July – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 220 to 223 where it has bounced multiple times in the month of July – 2016 and August – 2016. During the week the stock manages to hit a low of 235 and close the week around the levels of 273.

Support for the stock lies in the zone of 263 to 265 from where the stock has broken out of the double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 246 to 248 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 277 to 280. Resistance for the stock lies in the zone of 290 to 292 from where the stock has sold off in the month of August-2015. If the stock manages to close above these levels then the stock can move to the levels of 300 to 305 from where the stock sold off in the month of May-2015.

Broad range for the stock in the coming week can be 250 to 255 on lower side to 290 to 292 on upper side.

SBI Outlook for the Week (November 07, 2016 – November 11, 2016)

EquityPandit’s Outlook for SBI for the week (November 07, 2016 – November 11, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 5.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 263 to 265 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016. During the week the stock manages to hit a high of 261 and close the week around the levels of 243.

Minor support for the stock lies in the zone of 240 where medium term moving averages are lying. Support for the stock lies in the zone of 234 to 236 from where the stock bas broken out of the top formed in the month of July – 2016. If the stock manages to close below these levels then the stock can drift to the levels of 220 to 223 where it has bounced multiple times in the month of July – 2016 and August – 2016.

Minor resistance for the stock lies in the zone of 248 to 250. Resistance for the stock lies in the zone of 263 to 265 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016.

Broad range for the stock in the coming week can be 233 to 235 on lower side to 255 to 258 on upper side.

SBI Outlook for the Week (November 01, 2016 – November 04, 2016)

EquityPandit’s Outlook for SBI for the week (November 01, 2016 – November 04, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 0.20%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 263 to 265. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016. During the week the stock manages to hit a high of 265 and close the week around the levels of 258.

Minor support for the stock lies in the zone of 253 to 255. Support for the stock lies in the zone of 248 to 250 where short term and 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 234 to 236 from where the stock bas broken out of the top formed in the month of July – 2016 and medium term moving averages are lying.

Resistance for the stock lies in the zone of 263 to 265 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016.

Broad range for the stock in the coming week can be 250 to 252 on lower side to 268 to 270 on upper side.

SBI Outlook for the Week (October 24, 2016 – October 28, 2016)

EquityPandit’s Outlook for SBI for the week (October 24, 2016 – October 28, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 2.50%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 256 to 258. Resistance for the stock lies in the zone of 263 to 265. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016. During the week the stock manages to hit a high of 261 and close the week around the levels of 258.

Minor support for the stock lies in the zone of 253 to 255. Support for the stock lies in the zone of 248 to 250 where short term and 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 234 to 236 from where the stock bas broken out of the top formed in the month of July – 2016 and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 263 to 265. If the stock manages to close above these levels then the stock can move to the levels of 272 where the stock has made a top in the month of September – 2016.

Broad range for the stock in the coming week can be 250 to 252 on lower side to 268 to 270 on upper side.

SBI Outlook for the Week (October 17, 2016 – October 21, 2016)

EquityPandit’s Outlook for SBI for the week (October 17, 2016 – October 21, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 2.60%.

As we have mentioned last week that minor support for the stock lies in the zone of