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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (October 09, 2023 – October 13, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 4.17%.

Technically, Canara Bank share price will see immediate support at 368.30 and immediate resistance would be seen at 384.40.

If Canara Bank share price closes below immediate support of 368.30, then sharp breakdown can be seen. Canara Bank share price will see major support at 361.30 for the week.

On the positive side, immediate resistance will be seen at 384.40. Closing above 384.40, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 393.50 for the week.

Trading range for Canara Bank share price for this week should be between 352.20 on down side and 400.50 on up side.

Canara Bank Previous Week High: 386.5

Canara Bank Previous Week Low: 370.4

Canara Bank Previous Week Range: 16.1 Points

Canara Bank share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 400.50
Resistance 2 393.50
Resistance 1 384.40
Support 1 368.30
Support 2 361.30
Support 3 352.20
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{"buy_point":[{"en_ltd":"2023-09-04","en_sup_p_91":"329.82","en_sup_t_91":"325.47","prev_close":"328.40","en_close":"336.55","new_date":"Sep 4","prev_close_no":328}],"sell_point":[]}

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