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Last Updated At: 16 May 2024, 05:13 pm

SBIN(811.95) State bank of india is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 823.64. Fresh long positions can be initiated if State bank of india closes above 823.64 levels.

State Bank of India Daily Support

State Bank of India Daily Resistance

State Bank of India Buy - Sell Signals

State Bank of India Outlook For The Week (May 13, 2024 - May 17, 2024)

State Bank of India closed the previous week on a negative note losing 5.53%

Technically, State Bank of India share price will see immediate support at 793.82 and immediate resistance would be seen at 840.27

If State Bank of India share price closes below immediate support of 793.82, then sharp breakdown can be seen. State Bank of India share price will see major support at 770.28 for the week.

On the positive side, immediate resistance will be seen at 840.27. Closing above 840.27, State Bank of India share price will see a sharp breakout. Major resistance for State Bank of India share price will be seen at 863.18 for the week.

Trading range for State Bank of India share price for this week should be between 747.37 on down side and 886.72 on up side.

State Bank of India Previous Week High: 839.65

State Bank of India Previous Week Low: 793.2

State Bank of India Previous Week Range: 46.45 Points