SBI Outlook for the Week (August 07, 2023 - August 11, 2023)

SBI closed the previous week on a negative note losing 7.99%.

Technically, SBI share price will see immediate support at 556.13 and immediate resistance would be seen at 605.73.

If SBI share price closes below immediate support of 556.13, then sharp breakdown can be seen. SBI share price will see major support at 538.97 for the week.

On the positive side, immediate resistance will be seen at 605.73. Closing above 605.73, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 638.17 for the week.

Trading range for SBI share price for this week should be between 506.53 on down side and 655.33 on up side.

SBI Previous Week High: 621

SBI Previous Week Low: 571.4

SBI Previous Week Range: 49.6 Points

SBI share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type	Value
Resistance 3	655.33
Resistance 2	638.17
Resistance 1	605.73
Support 1	556.13
Support 2	538.97
Support 3	506.53

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SBI Outlook for the Week (August 07, 2023 – August 11, 2023)

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