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MARKET OUTLOOKSBINSTOCK OUTLOOK

SBI Outlook for the Week (September 04, 2023 – September 08, 2023)

SBI
SBI
SBI closed the previous week on a negative note losing 3.17%.

Technically, SBI share price will see immediate support at 560.07 and immediate resistance would be seen at 578.37.

If SBI share price closes below immediate support of 560.07, then sharp breakdown can be seen. SBI share price will see major support at 550.58 for the week.

On the positive side, immediate resistance will be seen at 578.37. Closing above 578.37, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 587.18 for the week.

Trading range for SBI share price for this week should be between 541.77 on down side and 596.67 on up side.

SBI Previous Week High: 577.7

SBI Previous Week Low: 559.4

SBI Previous Week Range: 18.3 Points

SBI share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 596.67
Resistance 2 587.18
Resistance 1 578.37
Support 1 560.07
Support 2 550.58
Support 3 541.77

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