INDUSINDBK Outlook for the Week (November 18, 2024 – November 22, 2024)
IndusInd Bank closed the previous week on a negative note losing -3.40%.
Technically, IndusInd Bank share price will see immediate support at 998.83 and immediate resistance would be seen at 1,051.63.
If IndusInd Bank share price closes below immediate support of 998.83, then sharp breakdown can be seen. IndusInd Bank share price will see major support at 980.52 for the week.
On the positive side, immediate resistance will be seen at 1,051.63. Closing above 1,051.63, IndusInd Bank share price will see a sharp breakout. Major resistance for IndusInd Bank share price will be seen at 1,086.12 for the week.
Trading range for IndusInd Bank share price for this week should be between 946.03 on down side and 1,104.43 on up side.
IndusInd Bank Previous Week Open: 1053
IndusInd Bank Previous Week High: 1067.8
IndusInd Bank Previous Week Low: 1015
IndusInd Bank Previous Week Close: 1017.15
IndusInd Bank Previous Week Range: 52.8 Points
IndusInd Bank share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,104.43 |
| Resistance 2 | 1,086.12 |
| Resistance 1 | 1,051.63 |
| Support 1 | 998.83 |
| Support 2 | 980.52 |
| Support 3 | 946.03 |
