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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (March 25, 2024 – March 29, 2024)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 7.26%.

Technically, Canara Bank share price will see immediate support at 546.63 and immediate resistance would be seen at 588.58.

If Canara Bank share price closes below immediate support of 546.63, then sharp breakdown can be seen. Canara Bank share price will see major support at 520.12 for the week.

On the positive side, immediate resistance will be seen at 588.58. Closing above 588.58, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 604.02 for the week.

Trading range for Canara Bank share price for this week should be between 504.68 on down side and 630.53 on up side.

Canara Bank Previous Week High: 577.5

Canara Bank Previous Week Low: 535.55

Canara Bank Previous Week Range: 41.95 Points

Canara Bank share price support and resistance for the week (March 25, 2024 – March 29, 2024)

Level Type Value
Resistance 3 630.53
Resistance 2 604.02
Resistance 1 588.58
Support 1 546.63
Support 2 520.12
Support 3 504.68
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