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MARKET OUTLOOKSBICARDSTOCK OUTLOOK

Sbi Cards Outlook for the Week (July 31, 2023 – August 04, 2023)

Sbi Cards Weekly Outlook and Analysis:

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

Sbi Cards closed the previous week on a negative note losing 4.28%

Technically, Sbi Cards share price will see immediate support at 840.87 and immediate resistance would be seen at 878.72

If Sbi Cards share price closes below immediate support of 840.87, then sharp breakdown can be seen. Sbi Cards share price will see major support at 824.53 for the week.

On the positive side, immediate resistance will be seen at 878.72. Closing above 878.72, Sbi Cards share price will see a sharp breakout. Major resistance for Sbi Cards share price will be seen at 900.23 for the week.

Trading range for Sbi Cards share price for this week should be between 803.02 on down side and 916.57 on up side.

Sbi Cards Previous Week High: 883.9

Sbi Cards Previous Week Low: 846.05

Sbi Cards Previous Week Range: 37.85 Points

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

Level Type Value
Resistance 3 916.57
Resistance 2 900.23
Resistance 1 878.72
Support 1 840.87
Support 2 824.53
Support 3 803.02

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