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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (October 30, 2023 – November 03, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 11.78%.

Technically, Canara Bank share price will see immediate support at 352.67 and immediate resistance would be seen at 398.37.

If Canara Bank share price closes below immediate support of 352.67, then sharp breakdown can be seen. Canara Bank share price will see major support at 324.53 for the week.

On the positive side, immediate resistance will be seen at 398.37. Closing above 398.37, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 415.93 for the week.

Trading range for Canara Bank share price for this week should be between 306.97 on down side and 444.07 on up side.

Canara Bank Previous Week High: 387.8

Canara Bank Previous Week Low: 342.1

Canara Bank Previous Week Range: 45.7 Points

Canara Bank share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 444.07
Resistance 2 415.93
Resistance 1 398.37
Support 1 352.67
Support 2 324.53
Support 3 306.97
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