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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (November 06, 2023 – November 10, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 3.77%.

Technically, Canara Bank share price will see immediate support at 379.40 and immediate resistance would be seen at 394.20.

If Canara Bank share price closes below immediate support of 379.40, then sharp breakdown can be seen. Canara Bank share price will see major support at 371.30 for the week.

On the positive side, immediate resistance will be seen at 394.20. Closing above 394.20, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 400.90 for the week.

Trading range for Canara Bank share price for this week should be between 364.60 on down side and 409.00 on up side.

Canara Bank Previous Week High: 392.8

Canara Bank Previous Week Low: 378

Canara Bank Previous Week Range: 14.8 Points

Canara Bank share price support and resistance for the week (November 06, 2023 – November 10, 2023)

Level Type Value
Resistance 3 409.00
Resistance 2 400.90
Resistance 1 394.20
Support 1 379.40
Support 2 371.30
Support 3 364.60
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{"buy_point":[{"en_ltd":"2023-10-27","en_sup_p_91":"363.10","en_sup_t_91":"361.25","prev_close":"359.35","en_close":"380.80","new_date":"Oct 27","prev_close_no":359},{"en_ltd":"2023-10-17","en_sup_p_91":"374.35","en_sup_t_91":"365.48","prev_close":"371.35","en_close":"377.55","new_date":"Oct 17","prev_close_no":371}],"sell_point":[{"en_ltd":"2023-10-23","en_sup_p_91":"365.48","en_sup_t_91":"372.91","prev_close":"369.30","en_close":"355.55","new_date":"Oct 23","prev_close_no":369},{"en_ltd":"2023-10-09","en_sup_p_91":"368.97","en_sup_t_91":"378.53","prev_close":"375.30","en_close":"365.35","new_date":"Oct 9","prev_close_no":375}]}

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