SBI Outlook for the Week (June 29, 2020 – July 03, 2020)

EquityPandits Outlook for SBI for the week (June 29, 2020– July 03, 2020):.

BSE: 500112

Week Low: 180.40.

Stock closed the week on favorable note getting 0.1%.

Week High: 194.90.

Week Range: 14.50 Points.

State Bank of India

WEEKLY PIVOT LEVELS:.

RESISTANCE 2.
201.

Technically on the daily charts EquityPandits Analyst see: Minor support on the drawback lies at 176 levels, Minor resistance on the benefit is topped around at 194 levels.

SUPPORT 1.
178.

SUPPORT 2.
172.

RESISTANCE 1.
193.

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sbisbi bankSBI outlookSBI Stock MovementSBIN outlookstate bank of IndiaState Bank Of India OutlookState Bank Of India Stock Movement.

If stock breaches small support on the drawback and closes below it we might see fresh break down and stock can drag towards Major Support on lower side @ 166.40 and If stock breaches minor resistance on the benefit and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 200.

SECTOR: BANKS.

Stock is trading below 200 days rapid moving average, suggests long term trend is bearish. EquityPandits Predicts Range for the week as 200 on upside and 166.40 on disadvantage

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