State Bank of India (SBI) – 1D Chart Update

The stock is in a clear corrective phase after a strong uptrend, with continuous lower highs and lower lows forming. Price is now approaching a crucial demand zone. Key Levels: Resistance – 1,120 Immediate Resistance – 1,073 Immediate Support – 1,039 Major Support – 989 Holding above 1,039 is important for short-term stability. Breakdown below 989 may extend the correction further. 📲 Join for regular market insights: ***** Disclaimer: SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.