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MARKET OUTLOOKRBLBANKSTOCK OUTLOOK

Rbl Bank Outlook for the Week (July 31, 2023 – August 04, 2023)

Rbl Bank Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Rbl Bank closed the previous week on a negative note losing 14.84%

Technically, Rbl Bank share price will see immediate support at 215.00 and immediate resistance would be seen at 252.30

If Rbl Bank share price closes below immediate support of 215.00, then sharp breakdown can be seen. Rbl Bank share price will see major support at 195.90 for the week.

On the positive side, immediate resistance will be seen at 252.30. Closing above 252.30, Rbl Bank share price will see a sharp breakout. Major resistance for Rbl Bank share price will be seen at 270.50 for the week.

Trading range for Rbl Bank share price for this week should be between 177.70 on down side and 289.60 on up side.

Rbl Bank Previous Week High: 251.4

Rbl Bank Previous Week Low: 214.1

Rbl Bank Previous Week Range: 37.3 Points

Rbl Bank share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 289.60
Resistance 2 270.50
Resistance 1 252.30
Support 1 215.00
Support 2 195.90
Support 3 177.70

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