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MARKET OUTLOOKSBICARDSTOCK OUTLOOK

Sbi Cards Outlook for the Week (August 07, 2023 – August 11, 2023)

Sbi Cards closed the previous week on a negative note losing 7.17%.

Technically, Sbi Cards share price will see immediate support at 841.35 and immediate resistance would be seen at 905.10.

If Sbi Cards share price closes below immediate support of 841.35, then sharp breakdown can be seen. Sbi Cards share price will see major support at 801.40 for the week.

On the positive side, immediate resistance will be seen at 905.10. Closing above 905.10, Sbi Cards share price will see a sharp breakout. Major resistance for Sbi Cards share price will be seen at 928.90 for the week.

Trading range for Sbi Cards share price for this week should be between 777.60 on down side and 968.85 on up side.

Sbi Cards Previous Week High: 888.95

Sbi Cards Previous Week Low: 825.2

Sbi Cards Previous Week Range: 63.75 Points

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

Level Type Value
Resistance 3 968.85
Resistance 2 928.90
Resistance 1 905.10
Support 1 841.35
Support 2 801.40
Support 3 777.60

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