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SBI Outlook for the Week (September 18, 2023 – September 22, 2023)

SBI closed the previous week on a negative note losing 3.35%.

Technically, SBI share price will see immediate support at 586.93 and immediate resistance would be seen at 607.18.

If SBI share price closes below immediate support of 586.93, then sharp breakdown can be seen. SBI share price will see major support at 575.07 for the week.

On the positive side, immediate resistance will be seen at 607.18. Closing above 607.18, SBI share price will see a sharp breakout. Major resistance for SBI share price will be seen at 615.57 for the week.

Trading range for SBI share price for this week should be between 566.68 on down side and 627.43 on up side.

SBI Previous Week High: 603.7

SBI Previous Week Low: 583.45

SBI Previous Week Range: 20.25 Points

SBI share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 627.43
Resistance 2 615.57
Resistance 1 607.18
Support 1 586.93
Support 2 575.07
Support 3 566.68

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