Sensex, Nifty, Share Price LIVE: The short-term outlook is bullish for Sobha. The stock has begun the week on a positive note. The recent rise has taken the share price well above a key resistance level of ₹1,600. The broad ₹1,620-₹1,590 region will now act a good support zone which can limit the downside if there is an intermediate dip. Moving average cross over on the daily chart also strengthens the bullish case. Sobha share price can rise to ₹1,750 in the coming weeks.