Tag Archives: sbi

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 252 to 254. Support for the stock lies in the zone of 245 to 247 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 232 to 235 from where the stock bas broken out of the top formed in the month of July – 2016. During the week the stock manages to hit a low of 246 and close the week around the levels of 252.

Support for the stock lies in the zone of 245 to 247 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 232 to 235 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 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.

Broad range for the stock in the coming week can be 240 to 242 on lower side to 258 to 260 on upper side.

SBI Outlook for the Week (October 10, 2016 – October 14, 2016)

EquityPandit’s Outlook for SBI for the week (October 10, 2016 – October 14, 2016) :

STATE BANK OF INDIA:

 

sbin

 

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

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 258 to 260. 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 259.

Minor support for the stock lies in the zone of 252 to 254. Support for the stock lies in the zone of 245 to 247 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 232 to 235 from where the stock bas broken out of the top formed in the month of July – 2016.

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 267 to 269 on upper side.

 

 

SBI Outlook for the Week (October 03, 2016 – October 07, 2016)

EquityPandit’s Outlook for SBI for the week (October 03, 2016 – October 07, 2016) :

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 250 to 252. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 238 to 240 where short term moving averages are lying. During the week the stock manages to hit a low of 243 and close the week around the levels of 251.

Support for the stock lies in the zone of 245 to 247 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 232 to 235 from where the stock bas broken out of the top formed in the month of July – 2016.

Minor resistance for the stock lies in the zone of 256 to 258. Resistance for the stock lies in the zone of 258 to 260. 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 240 to 242 on lower side to 260 to 262 on upper side.

SBI Outlook for the Week (September 26, 2016 – September 30, 2016)

EquityPandit’s Outlook for SBI for the week (September 26, 2016 – September 30, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 250 to 252. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 238 to 240 where short 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 255.

Minor support for the stock lies in the zone of 250 to 252. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 238 to 240 where short term moving averages are lying.

Minor resistance for the stock lies in the zone of 262 to 264. Resistance for the stock lies in the zone of 272 to 275. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 from where the stock has sold off in the month of August – 2015.

Broad range for the stock in the coming week can be 245 to 247 on lower side to 264 to 266 on upper side.

SBI Outlook for the Week (September 19, 2016 – September 23, 2016)

EquityPandit’s Outlook for SBI for the week (September 19, 2016 – September 23, 2016) :

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that minor support for the stock lies in the zone of 258 to 260. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 where short term moving averages are lying. During the week the stock manages to hit a low of 252 and close the week around the levels of 254.

Minor support for the stock lies in the zone of 250 to 252. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 238 to 240 where short term moving averages are lying.

Minor resistance for the stock lies in the zone of 262 to 264. Resistance for the stock lies in the zone of 272 to 275. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 from where the stock has sold off in the month of August – 2015.

Broad range for the stock in the coming week can be 245 to 247 on lower side to 264 to 266 on upper side.

SBI Outlook for the Week (September 12, 2016 – September 16, 2016)

EquityPandit’s Outlook for SBI for the week (September 12, 2016 – September 16, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 3.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 257 to 260 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280. During the week the stock manages to hit a high of 272 and close the week around the levels of 264.

Minor support for the stock lies in the zone of 258 to 260. Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 238 where short term moving averages are lying.

Resistance for the stock lies in the zone of 275 to 280. If the stock manages to close above these levels then the stock can move to the levels of 288 to 290 from where the stock has sold off in the month of August – 2015.

Broad range for the stock in the coming week can be 252 to 255 on lower side to 275 to 280 on upper side.

SBI Outlook for the Week (September 06, 2016 – September 09, 2016)

EquityPandit’s Outlook for SBI for the week (September 06, 2016 – September 09, 2016) :

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 3.20%.

As we have mentioned last week that support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 233 to 235. During the week the stock manages to hit a low of 244 and close the week around the levels of 255.

Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 233 to 235.

Resistance for the stock lies in the zone of 257 to 260 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280.

Broad range for the stock in the coming week can be 245 to 247 on lower side to 265 to 267 on upper side.

SBI Outlook for the Week (August 29, 2016 – September 02, 2016)

EquityPandit’s Outlook for SBI for the week (August 29, 2016 – September 02, 2016) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 4.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 253. Support for the stock lies in the zone of 248 to 250 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 233 to 235. During the week the stock manages to hit a low of 246 and close the week around the levels of 247.

Support for the stock lies in the zone of 245 to 247 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 233 to 235.

Minor resistance for the stock lies in the zone of 250 to 251. Resistance for the stock lies in the zone of 256 to 258 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 275 to 280.

Broad range for the stock in the coming week can be 238 to 240 on lower side to 255 to 257 on upper side.

SBI Outlook for the Week (August 22, 2016 – August 26, 2016)

EquityPandit’s Outlook for SBI for the week (August 22, 2016 – August 26, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 6.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 245 to 248 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 254 to 256. During the week the stock manages to hit a high of 260 and close the week around the levels of 259.

Minor support for the stock lies in the zone of 253. Support for the stock lies in the zone of 248 to 250 where 500 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 233 to 235.

Resistance for the stock lies in the zone of 275 to 280. If the stock manages to close above these levels then the stock can move to the levels of 290 to 293.

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 (August 16, 2016 – August 19, 2016)

EquityPandit’s Outlook for SBI for the week (August 16, 2016 – August 19, 2016):

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that resistance for the stock lies in the zone of 230 to 235 from where the stock has sold off in the month of Dec – 2015. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 248 and close the week around the levels of 243.

Minor support for the stock lies in the zone of 233 to 235. Support for the stock lies in the zone of 220 to 222 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 208 to 210 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 245 to 248 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 254 to 256.

Broad range for the stock in the coming week can be 230 to 232 on lower side to 250 to 252 on upper side.

SBI Outlook for the Week (August 08, 2016 – August 12, 2016)

EquityPandit’s Outlook for SBI for the week (August 08, 2016 – August 12, 2016):

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that minor support for the stock lies in the zone of 220 to 222. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom 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 208 to 210 where medium term moving averages are lying. During the week the stock manages to hit a low of 223 and close the week around the levels of 233.

Minor support for the stock lies in the zone of 220 to 222. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom 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 208 to 210 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 230 to 235 from where the stock has sold off in the month of Dec – 2015. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 220 to 222 on lower side to 240 to 243 on upper side.

SBI Outlook for the Week (August 01, 2016 – August 05, 2016)

EquityPandit’s Outlook for SBI for the week (August 01, 2016 – August 05, 2016):

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 230 to 235 from where the stock has sold off in the month of Dec – 2015. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 235 and close the week around the levels of 229.

Minor support for the stock lies in the zone of 220 to 222. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom 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 208 to 210 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 230 to 235 from where the stock has sold off in the month of Dec – 2015. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 217 to 219 on lower side to 235 to 238 on upper side.

SBI Outlook for the Week (July 25, 2016 – July 29, 2016)

EquityPandit’s Outlook for SBI for the week (July 25, 2016 – July 29, 2016):

STATE BANK OF INDIA:

 

SBIN

 

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

As we have mentioned last week that minor support for the stock lies in the zone of 222 to 225. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 208 to 210 where short term moving averages are lying. During the week the stock manages to hit a low of 222 and close the week around the levels of 224.

Minor support for the stock lies in the zone of 222 to 225. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 208 to 210 where short term moving averages are lying.

Resistance for the stock lies in the zone of 230 to 235 from where the stock has sold off in the month of Dec – 2015. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 215 to 217 on lower side to 232 to 235 on upper side.

SBI Outlook for the Week (July 18, 2016 – July 22, 2016)

EquityPandit’s Outlook for SBI for the week (July 18, 2016 – July 22, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 6.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 234 and close the week around the levels of 231.

Minor support for the stock lies in the zone of 222 to 225. Support for the stock lies in the zone of 215 to 217 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 208 to 210 where short term moving averages are lying.

Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 218 to 222 on lower side to 240 to 242 on upper side.

SBI Outlook for the Week (July 11, 2016 – July 15, 2016)

EquityPandit’s Outlook for SBI for the week (July 11, 2016 – July 15, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on negative note losing around 0.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 225 and close the week around the levels of 218.

Support for the stock lies in the zone of 208 to 212 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 195 to 198 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 205 to 208 on lower side to 225 to 227 on upper side.

SBI Outlook for the Week (July 04, 2016 – July 08, 2016)

EquityPandit’s Outlook for SBI for the week (July 04, 2016 – July 08, 2016):

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that minor resistance for the stock lies in the zone of 218. Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 222 and close the week around the levels of 219.

Support for the stock lies in the zone of 208 to 212 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 195 to 198 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 205 to 208 on lower side to 225 to 227 on upper side.

SBI Outlook for the Week (June 27, 2016 – July 01, 2016)

EquityPandit’s Outlook for SBI for the week (June 27, 2016 – July 01, 2016):

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that support for the stock lies in the zone of 195 to 200 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 180 from where 100 Daily SMA is lying. During the week the stock manages to hit a low of 202 and close the week around the levels of 211.

Support for the stock lies in the zone of 195 to 200 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 180 from where 100 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 218. Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 195 to 198 on lower side to 222 to 225 on upper side.

SBI Outlook for the Week (June 20, 2016 – June 24, 2016)

EquityPandit’s Outlook for SBI for the week (June 20, 2016 – June 24, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 3.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 210 to 215 where 500 Weekly SMA and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 to 230 from where the stock has sold off in the month of Dec – 2015. During the week the stock manages to hit a high of 218 and close the week around the levels of 213.

Support for the stock lies in the zone of 195 to 200 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 180 from where 100 Daily SMA is lying.

Resistance for the stock lies in the zone of 225 to 230 from where the stock has sold off in the month of Dec – 2015 and 200 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 245 to 248 where 500 Daily SMA is lying.

Broad range for the stock in the coming week can be 198 to 200 on lower side to 230 to 232 on upper side.

SBI Outlook for the Week (June 13, 2016 – June 17, 2016)

EquityPandit’s Outlook for SBI for the week (June 13, 2016 – June 17, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 4.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 205 to 215 where 500 Weekly SMA and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 to 230 from where the stock has sold off in the month of Dec – 2015. During the week the stock manages to hit a high of 213 and close the week around the levels of 206.

Support for the stock lies in the zone of 188 to 191 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can move to the levels of 163 from where the stock has opened gap up on 02-03-2016.

Resistance for the stock lies in the zone of 210 to 215 where 500 Weekly SMA and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 to 230 from where the stock has sold off in the month of Dec – 2015.

Broad range for the stock in the coming week can be 188 to 191 on lower side to 212 to 215 on upper side.

SBI Outlook for the Week (June 06, 2016 – June 10, 2016)

EquityPandit’s Outlook for SBI for the week (June 06, 2016 – June 10, 2016):

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 200 to 205 where 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 215 where 200 Daily SMA is lying. During the week the stock manages to hit a high of 208 and close the week around the levels of 197.

Support for the stock lies in the zone of 180 to 183 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can move to the levels of 163 from where the stock has opened gap up on 02-03-2016.

Resistance for the stock lies in the zone of 205 to 215 where 500 Weekly SMA and 200 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 to 230 from where the stock has sold off in the month of Dec – 2015.

Broad range for the stock in the coming week can be 180 to 183 on lower side to 208 to 212 on upper side.

SBI Outlook for the Week (May 30, 2016 – June 03, 2016)

EquityPandit’s Outlook for SBI for the week (May 30, 2016 – June 03, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 14.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 163 from where the stock has opened gap up on 02-03-2016. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 166 and close the week around the levels of 196.

Support for the stock lies in the zone of 180 to 183 where short term moving averages and 100 Daily SMA are lying. If the stock manages to close below these levels then the stock can move to the levels of 163 from where the stock has opened gap up on 02-03-2016.

Resistance for the stock lies in the zone of 200 to 205 where 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 215 where 200 Daily SMA is lying.

Broad range for the stock in the coming week can be 180 to 183 on lower side to 208 to 212 on upper side.

SBI Outlook for the Week (May 23, 2016 – May 27, 2016)

EquityPandit’s Outlook for SBI for the week (May 23, 2016 – May 27, 2016):

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 7.30%

As we have mentioned last week that resistance for the stock lies in the zone of 185 to 190 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 200 to 205 where 500 Weekly SMA is lying. During the week the stock manages to hit a high of 185 and close the week around the levels of 171.

Minor support for the stock lies in the zone of 163 from where the stock has opened gap up on 02-03-2016. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Minor resistance for the stock lies in the zone of 180 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 185 to 190 where short term moving averages and 100 Daily SMA is lying.

Broad range for the stock in the coming week can be 158 to 162 on lower side to 185 to 190 on upper side.

SBI Outlook for the Week (May 16, 2016 – May 20, 2016)

EquityPandit’s Outlook for SBI for the week (May 16, 2016 – May 20, 2016):

STATE BANK OF INDIA:

 

sbin

 

SBIN closed the week on positive note gaining around 0.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 185 to 190 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 200 to 205 where 500 Weekly SMA is lying. During the week the stock manages to hit a high of 190 and close the week around the levels of 185.

Support for the stock lies in the zone of 173 to 180 where gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 185 to 190 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 200 to 205 where 500 Weekly SMA is lying.

Broad range for the stock in the coming week can be 170 to 172 on lower side to 195 to 200 on upper side.

SBI Outlook for the Week (May 09, 2016 – May 13, 2016)

EquityPandit’s Outlook for SBI for the week (May 09, 2016 – May 13, 2016):

STATE BANK OF INDIA:

 

sbin

 

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

As we have mentioned last week that minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 173 to 180 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 178 and close the week around the levels of 184.

Support for the stock lies in the zone of 173 to 180 where gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 185 to 190 where short term moving averages and 100 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 200 to 205 where 500 Weekly SMA is lying.

Broad range for the stock in the coming week can be 170 to 175 on lower side to 200 to 205 on upper side.

SBI Outlook for the Week (May 02, 2016 – May 06, 2016)

EquityPandit’s Outlook for SBI for the week (May 02, 2016 – May 06, 2016):

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 5.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 200 to 205 where 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a high of 203 and close the week around the levels of 189.

Minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 173 to 180 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Minor resistance for the stock lies in the zone of 195 where 100 Daily SMA is lying. Resistance for the stock lies in the zone of 200 to 205 where 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 175 to 180 on lower side to 200 to 205 on upper side.

SBI Outlook for the Week (April 25, 2016 – April 29, 2016)

EquityPandit’s Outlook for SBI for the week (April 25, 2016 – April 29, 2016):

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 200 to 205 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a high of 201.5 and close the week around the levels of 200.

Minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 173 to 178 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 200 to 205 where 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 180 to 185 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (April 18, 2016 – April 22, 2016)

EquityPandit’s Outlook for SBI for the week (April 18, 2016 – April 22, 2016):

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 4.80%.

As we have mentioned last week that support for the stock lies in the zone of 170 to 175 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 180 and close the week around the levels of 191.

Support for the stock lies in the zone of 170 to 175 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 200 to 205 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 175 to 180 on lower side to 200 to 205 on upper side.

SBI Outlook for the Week (April 11, 2016 – April 13, 2016)

EquityPandit’s Outlook for SBI for the week (April 11, 2016 – April 13, 2016):

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.40%.

As we have mentioned last week that Minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 170 to 175 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 180 and close the week around the levels of 183.

Support for the stock lies in the zone of 170 to 175 where short term moving averages and gap created on 02-03-2016 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 200 to 205 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 170 to 175 on lower side to 195 to 200 on upper side.

SBI Outlook for the Week (April 04, 2016 – April 08, 2016)

EquityPandit’s Outlook for SBI for the week (April 04, 2016 – April 08, 2016):

STATE BANK OF INDIA:

 

SBIN

 

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

As we have mentioned last week that minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 170 to 175 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 187 and bounce to close the week around the levels of 195.

Minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 170 to 175 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 180 to 185 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (March 28, 2016 – April 01, 2016)

EquityPandit’s Outlook for SBI for the week (March 28, 2016 – April 01, 2016):

STATE BANK OF INDIA:

 

SBIN

 

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

As we have mentioned last week that resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a high of 198 and close the week around the levels of 197.

Minor support for the stock lies in the zone of 190. Support for the stock lies in the zone of 170 to 175 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 180 to 185 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (March 21, 2016 – March 23, 2016)

EquityPandit’s Outlook for SBI for the week (March 21, 2016 – March 23, 2016):

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 6.30%.

As we have mentioned last week that minor resistance for the stock lies in the range of 190. Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a high of 192 and close the week around the levels of 191.

Minor support for the stock lies in the zone of 180 to 185. Support for the stock lies in the zone of 165 to 170 where the stock has a gap up opening on 02-03-2016. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 170 to 175 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (March 14, 2016 – March 18, 2016)

EquityPandit’s Outlook for SBI for the week (March 14, 2016 – March 18, 2016):

 

STATE BANK OF INDIA:

 

 

SBIN

 

SBIN closed the week on negative note losing around 4.30%.

As we have mentioned last week that support for the stock lies in the zone of 165 to 170 where the stock has a gap up opening on 02-03-2016. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 177.5 and close the week around the levels of 180.

Support for the stock lies in the zone of 165 to 170 where the stock has a gap up opening on 02-03-2016. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Minor resistance for the stock lies in the range of 190. Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 165 to 170 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (March 08, 2016 – March 11, 2016)

EquityPandit’s Outlook for SBI for the week (March 08, 2016 – March 11, 2016):

 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 21.30%.

As we have mentioned last week that support for the stock lies in the zone of 150 where monthly trend-line support for the stock is positioned. If the stock closes below this levels on weekly basis then the stock can witness the further freefall and next support for the stock lies in the zone of 130 where 200 Monthly SMA is lying. During the week the stock manages to hit a low of 153 and bounce to close the week around the levels of 189.

Support for the stock lies in the zone of 165 to 170 where the stock has a gap up opening on 02-03-2016. If the stock manages to close below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 205 to 210 where 100 Daily SMA and 500 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the stock in the coming week can be 165 to 170 on lower side to 205 to 210 on upper side.

SBI Outlook for the Week (February 29, 2016 – March 04, 2016)

EquityPandit’s Outlook for SBI for the week (February 29, 2016 – March 04, 2016):

 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 4.70%.

As we have mentioned last week that support for the stock lies in the zone of 150 where monthly trend-line support for the stock is positioned. If the stock closes below this levels on weekly basis then the stock can witness the further freefall and next support for the stock lies in the zone of 130 where 200 Monthly SMA is lying. During the week the stock manages to hit a low of 151 and bounce to close the week around the levels of 157.

Support for the stock lies in the zone of 150 where monthly trend-line support for the stock is positioned. If the stock closes below this levels on weekly basis then the stock can witness the further freefall and next support for the stock lies in the zone of 130 where 200 Monthly SMA is lying.

Resistance for the stock lies in the zone of 165 to 170 where the stock has made a short term top. If the stock manages to close above this levels then the stock can move to the levels of 175 to 180 where trend-line joining lows of March – 2009 and February – 2014 is lying.

Broad range for the stock in the coming week can be 145 to 150 on lower side to 175 to 180 on upper side.

SBI Outlook for the Week (February 22, 2016 – February 26, 2016)

EquityPandit’s Outlook for SBI for the week (February 22, 2016 – February 26, 2016):

 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 6.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 160 to 165 from where the stock has broken down the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 175 to 180 where trend-line joining lows of March – 2009 and February – 2014 is lying. During the week the stock manages to hit a high of 171 and close the week around the levels of 165.

Support for the stock lies in the zone of 150 where monthly trend-line support for the stock is positioned. If the stock closes below this levels on weekly basis then the stock can witness the further freefall and next support for the stock lies in the zone of 130 where 200 Monthly SMA is lying.

Resistance for the stock lies in the zone of 175 to 180 where trend-line joining lows of March – 2009 and February – 2014 is lying. If the stock manages to close above this levels then the stock can move to the levels of 190 where short term moving averages is lying.

Broad range for the stock in the coming week can be 145 to150 on lower side to 175 to 180 on upper side.

SBI Outlook for the Week (February 15, 2016 – February 19, 2016)

EquityPandit’s Outlook for SBI for the week (February 15, 2016 – February 19, 2016):

 

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 160 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 148 and close the week around the levels of 155.

Support for the stock lies in the zone of 150 where monthly trend-line support for the stock is positioned. If the stock closes below this levels on weekly basis then the stock can witness the further freefall and next support for the stock lies in the zone of 130 where 200 Monthly SMA is lying.

Resistance for the stock lies in the zone of 160 to 165 from where the stock has broken down the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 175 to 180 where trend-line joining lows of March – 2009 and February – 2014 is lying.

Broad range for the stock in the coming week can be 145 on lower side to 165 on upper side.

SBI Outlook for the Week (February 08, 2016 – February 12, 2016)

EquityPandit’s Outlook for SBI for the week (February 08, 2016 – February 12, 2016):

 

STATE BANK OF INDIA:

 

SBIN

 

State Bank Of India (NSE: SBIN) closed the week on negative note losing around 6.00%.

As we have mentioned last week that support for the stock lies in the zone of 175 where the trend-line joining lows of March – 2009 and February – 2014 is lying. If the stock closes below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 160 and close the week around the levels of 169.

Support for the stock lies in the zone of 160 where the stock has formed a short term bottom. If the stock closes below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 175 to 180 where trend-line joining lows of March – 2009 and February – 2014 is lying. If the stock manages to close above this levels then the stock can move to the levels of 190 from where the stock has sold off.

Broad range for the stock in the coming week can be 155 – 160 on lower side to 175 – 180 on upper side.

SBI Outlook for the Week (February 01, 2016 – February 05, 2016)

EquityPandit’s Outlook for SBI for the week (February 01, 2016 – February 05, 2016):

 

STATE BANK OF INDIA:

 

SBIN

 

State Bank Of India (NSE: SBIN) closed the week on negative note losing around 2.80%.

As we have mentioned last week that support for the stock lies in the zone of 175 where the trend-line joining lows of March – 2009 and February – 2014 is lying. If the stock closes below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned. During the week the stock manages to hit a low of 178 and close at virtually the lowest point.

Support for the stock lies in the zone of 175 where the trend-line joining lows of March – 2009 and February – 2014 is lying. If the stock closes below this levels then the stock can drift to the levels of 150 where monthly trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 195 to 200 where 500 Daily SMA is lying. If the stock closes above this levels then the stock can move to the levels of 220 to 225 where 1000 Daily SMA and earlier lows of the stock is positioned.

Broad range for the stock in the coming week can be 170 – 175 on lower side to 195 – 200 on upper side.