CANBK Outlook for the Week (December 23, 2024 – December 27, 2024)
Canara Bank closed the previous week on a negative note losing -6.47%.
Technically, Canara Bank share price will see immediate support at 96.52 and immediate resistance would be seen at 105.56.
If Canara Bank share price closes below immediate support of 96.52, then sharp breakdown can be seen. Canara Bank share price will see major support at 93.42 for the week.
On the positive side, immediate resistance will be seen at 105.56. Closing above 105.56, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 111.50 for the week.
Trading range for Canara Bank share price for this week should be between 87.48 on down side and 114.60 on up side.
Canara Bank Previous Week Open: 106.5
Canara Bank Previous Week High: 108.41
Canara Bank Previous Week Low: 99.37
Canara Bank Previous Week Close: 99.61
Canara Bank Previous Week Range: 9.04 Points
Canara Bank share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 114.60 |
| Resistance 2 | 111.50 |
| Resistance 1 | 105.56 |
| Support 1 | 96.52 |
| Support 2 | 93.42 |
| Support 3 | 87.48 |
