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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (December 04, 2023 – December 08, 2023)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 3.33%.

Technically, ndusind Bank ” share price will see immediate support at 1,440.73 and immediate resistance would be seen at 1,490.68.

If ndusind Bank ” share price closes below immediate support of 1,440.73, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,420.42 for the week.

On the positive side, immediate resistance will be seen at 1,490.68. Closing above 1,490.68, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,520.32 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,390.78 on down side and 1,540.63 on up side.

ndusind Bank ” Previous Week High: 1500

ndusind Bank ” Previous Week Low: 1450.05

ndusind Bank ” Previous Week Range: 49.95 Points

ndusind Bank ” share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 1,540.63
Resistance 2 1,520.32
Resistance 1 1,490.68
Support 1 1,440.73
Support 2 1,420.42
Support 3 1,390.78
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