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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (October 02, 2023 – October 06, 2023)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 3.80%.

Technically, ndusind Bank ” share price will see immediate support at 1,400.58 and immediate resistance would be seen at 1,455.83.

If ndusind Bank ” share price closes below immediate support of 1,400.58, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,372.32 for the week.

On the positive side, immediate resistance will be seen at 1,455.83. Closing above 1,455.83, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,482.82 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,345.33 on down side and 1,511.08 on up side.

ndusind Bank ” Previous Week High: 1454.55

ndusind Bank ” Previous Week Low: 1399.3

ndusind Bank ” Previous Week Range: 55.25 Points

ndusind Bank ” share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 1,511.08
Resistance 2 1,482.82
Resistance 1 1,455.83
Support 1 1,400.58
Support 2 1,372.32
Support 3 1,345.33
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