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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (May 20, 2024 – May 24, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 3.68%.

Technically, ndusind Bank ” share price will see immediate support at 1,383.12 and immediate resistance would be seen at 1,435.72.

If ndusind Bank ” share price closes below immediate support of 1,383.12, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,353.88 for the week.

On the positive side, immediate resistance will be seen at 1,435.72. Closing above 1,435.72, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,459.08 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,330.52 on down side and 1,488.32 on up side.

ndusind Bank ” Previous Week High: 1429.85

ndusind Bank ” Previous Week Low: 1377.25

ndusind Bank ” Previous Week Range: 52.6 Points

ndusind Bank ” share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 1,488.32
Resistance 2 1,459.08
Resistance 1 1,435.72
Support 1 1,383.12
Support 2 1,353.88
Support 3 1,330.52
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