Is SOBHA in uptrend or downtrend?

In the short term price movements in SOBHA share indicates the market is Bearish but has taken halt for sometime.

What is SOBHA share price forecast for tomorrow?

In Sobha Limited stock current resistance level is at 1332 and support level is at 1217. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are SOBHA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Sobha Limited in the short-term, the supply zone around 1332 and 1330. Hence, good chances of resistance around 1330. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Sobha Limited share is around 1217 and 1220. Hence, good chances for support around 1220.

Why is SOBHA share price falling today?

Latest analysis on SOBHA stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why SOBHA stock is having a fall today.

SOBHA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data