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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (January 22, 2024 – January 26, 2024)

SBI
SBI
SBI closed the previous week on a negative note losing 4.10%.

Technically, SBI share price will see immediate support at 616.03 and immediate resistance would be seen at 642.48.

If SBI share price closes below immediate support of 616.03, then sharp breakdown can be seen. SBI share price will see major support at 604.32 for the week.

On the positive side, immediate resistance will be seen at 642.48. Closing above 642.48, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 657.22 for the week.

Trading range for SBI share price for this week should be between 589.58 on down side and 668.93 on up side.

SBI Previous Week High: 645.5

SBI Previous Week Low: 619.05

SBI Previous Week Range: 26.45 Points

SBI share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 668.93
Resistance 2 657.22
Resistance 1 642.48
Support 1 616.03
Support 2 604.32
Support 3 589.58
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{"buy_point":[{"en_ltd":"2024-01-15","en_sup_p_91":"633.80","en_sup_t_91":"628.65","prev_close":"633.60","en_close":"640.10","new_date":"Jan 15","prev_close_no":633}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"628.65","en_sup_t_91":"642.18","prev_close":"636.90","en_close":"626.00","new_date":"Jan 17","prev_close_no":636},{"en_ltd":"2023-12-20","en_sup_p_91":"637.48","en_sup_t_91":"661.18","prev_close":"655.40","en_close":"636.45","new_date":"Dec 20","prev_close_no":655}]}

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