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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (January 22, 2024 – January 26, 2024)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 6.33%.

Technically, Canara Bank share price will see immediate support at 448.32 and immediate resistance would be seen at 478.17.

If Canara Bank share price closes below immediate support of 448.32, then sharp breakdown can be seen. Canara Bank share price will see major support at 429.98 for the week.

On the positive side, immediate resistance will be seen at 478.17. Closing above 478.17, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 489.68 for the week.

Trading range for Canara Bank share price for this week should be between 418.47 on down side and 508.02 on up side.

Canara Bank Previous Week High: 471.35

Canara Bank Previous Week Low: 441.5

Canara Bank Previous Week Range: 29.85 Points

Canara Bank share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 508.02
Resistance 2 489.68
Resistance 1 478.17
Support 1 448.32
Support 2 429.98
Support 3 418.47
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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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