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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (February 12, 2024 – February 16, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 12.45%.

Technically, SBI share price will see immediate support at 665.85 and immediate resistance would be seen at 756.50.

If SBI share price closes below immediate support of 665.85, then sharp breakdown can be seen. SBI share price will see major support at 606.45 for the week.

On the positive side, immediate resistance will be seen at 756.50. Closing above 756.50, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 787.75 for the week.

Trading range for SBI share price for this week should be between 575.20 on down side and 847.15 on up side.

SBI Previous Week High: 728.35

SBI Previous Week Low: 637.7

SBI Previous Week Range: 90.65 Points

SBI share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 847.15
Resistance 2 787.75
Resistance 1 756.50
Support 1 665.85
Support 2 606.45
Support 3 575.20
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