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MARKET OUTLOOKRBLBANKSTOCK OUTLOOK

Rbl Bank Outlook for the Week (August 14, 2023 – August 18, 2023)

Rbl Bank closed the previous week on a negative note losing 6.05%.

Technically, Rbl Bank share price will see immediate support at 214.60 and immediate resistance would be seen at 228.30.

If Rbl Bank share price closes below immediate support of 214.60, then sharp breakdown can be seen. Rbl Bank share price will see major support at 206.80 for the week.

On the positive side, immediate resistance will be seen at 228.30. Closing above 228.30, Rbl Bank share price will see a sharp breakout. Major resistance for Rbl Bank share price will be seen at 234.20 for the week.

Trading range for Rbl Bank share price for this week should be between 200.90 on down side and 242.00 on up side.

Rbl Bank Previous Week High: 226.4

Rbl Bank Previous Week Low: 212.7

Rbl Bank Previous Week Range: 13.7 Points

Rbl Bank share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 242.00
Resistance 2 234.20
Resistance 1 228.30
Support 1 214.60
Support 2 206.80
Support 3 200.90

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