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Key levels for SBI Life Insurance Company’s stock as of recent data are as follows:
Support Levels:
₹1,500: A psychological support level and a recent consolidation zone.
₹1,480: A critical technical support level based on recent price action.
₹1,450: Stronger support where buyers have historically entered the market.
Resistance Levels:
₹1,560: A minor resistance level where the stock recently faced selling pressure.
₹1,600: A psychological barrier and a significant resistance level.
₹1,650: A breakout level; surpassing this could lead to bullish momentum.
Indicators to Watch:
200-Day Moving Average (₹1,490): A key long-term trend indicator.
RSI (Relative Strength Index): Overbought or oversold conditions could indicate potential reversals.
Volume Trends: Increasing volume near resistance or support levels confirms the strength of the move.
Outlook:
A breakout above ₹1,600 with strong volume could lead to a rally toward ₹1,700–₹1,750.
A drop below ₹1,480 may signal further downside toward ₹1,450 or lower.
For precise entry or exit points, technical charts and intraday trends should be analyzed.