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MARKET OUTLOOKRBLBANKSTOCK OUTLOOK

Rbl Bank Outlook for the Week (August 07, 2023 – August 11, 2023)

Rbl Bank closed the previous week on a negative note losing 12.46%.

Technically, Rbl Bank share price will see immediate support at 203.83 and immediate resistance would be seen at 233.58.

If Rbl Bank share price closes below immediate support of 203.83, then sharp breakdown can be seen. Rbl Bank share price will see major support at 191.57 for the week.

On the positive side, immediate resistance will be seen at 233.58. Closing above 233.58, Rbl Bank share price will see a sharp breakout. Major resistance for Rbl Bank share price will be seen at 251.07 for the week.

Trading range for Rbl Bank share price for this week should be between 174.08 on down side and 263.33 on up side.

Rbl Bank Previous Week High: 238.8

Rbl Bank Previous Week Low: 209.05

Rbl Bank Previous Week Range: 29.75 Points

Rbl Bank share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 263.33
Resistance 2 251.07
Resistance 1 233.58
Support 1 203.83
Support 2 191.57
Support 3 174.08

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