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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (November 20, 2023 – November 24, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 5.85%.

Technically, Canara Bank share price will see immediate support at 386.17 and immediate resistance would be seen at 410.22.

If Canara Bank share price closes below immediate support of 386.17, then sharp breakdown can be seen. Canara Bank share price will see major support at 374.53 for the week.

On the positive side, immediate resistance will be seen at 410.22. Closing above 410.22, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 422.63 for the week.

Trading range for Canara Bank share price for this week should be between 362.12 on down side and 434.27 on up side.

Canara Bank Previous Week High: 411

Canara Bank Previous Week Low: 386.95

Canara Bank Previous Week Range: 24.05 Points

Canara Bank share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 434.27
Resistance 2 422.63
Resistance 1 410.22
Support 1 386.17
Support 2 374.53
Support 3 362.12
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