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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (January 15, 2024 – January 19, 2024)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 4.92%.

Technically, Canara Bank share price will see immediate support at 448.20 and immediate resistance would be seen at 471.15.

If Canara Bank share price closes below immediate support of 448.20, then sharp breakdown can be seen. Canara Bank share price will see major support at 434.15 for the week.

On the positive side, immediate resistance will be seen at 471.15. Closing above 471.15, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 480.05 for the week.

Trading range for Canara Bank share price for this week should be between 425.25 on down side and 494.10 on up side.

Canara Bank Previous Week High: 466

Canara Bank Previous Week Low: 443.05

Canara Bank Previous Week Range: 22.95 Points

Canara Bank share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 494.10
Resistance 2 480.05
Resistance 1 471.15
Support 1 448.20
Support 2 434.15
Support 3 425.25
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{"buy_point":[{"en_ltd":"2024-01-12","en_sup_p_91":"459.27","en_sup_t_91":"448.03","prev_close":"454.50","en_close":"462.25","new_date":"Jan 12","prev_close_no":454},{"en_ltd":"2023-12-28","en_sup_p_91":"435.89","en_sup_t_91":"431.09","prev_close":"432.50","en_close":"441.10","new_date":"Dec 28","prev_close_no":432}],"sell_point":[{"en_ltd":"2024-01-08","en_sup_p_91":"450.78","en_sup_t_91":"468.07","prev_close":"461.95","en_close":"450.50","new_date":"Jan 8","prev_close_no":461},{"en_ltd":"2023-12-20","en_sup_p_91":"441.15","en_sup_t_91":"448.99","prev_close":"445.95","en_close":"425.95","new_date":"Dec 20","prev_close_no":445}]}

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