CANBK Outlook for the Week (November 18, 2024 – November 22, 2024)
Canara Bank closed the previous week on a negative note losing -5.35%.
Technically, Canara Bank share price will see immediate support at 94.76 and immediate resistance would be seen at 102.68.
If Canara Bank share price closes below immediate support of 94.76, then sharp breakdown can be seen. Canara Bank share price will see major support at 92.03 for the week.
On the positive side, immediate resistance will be seen at 102.68. Closing above 102.68, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 107.87 for the week.
Trading range for Canara Bank share price for this week should be between 86.84 on down side and 110.60 on up side.
Canara Bank Previous Week Open: 103
Canara Bank Previous Week High: 105.14
Canara Bank Previous Week Low: 97.22
Canara Bank Previous Week Close: 97.49
Canara Bank Previous Week Range: 7.92 Points
Canara Bank share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 110.60 |
| Resistance 2 | 107.87 |
| Resistance 1 | 102.68 |
| Support 1 | 94.76 |
| Support 2 | 92.03 |
| Support 3 | 86.84 |
