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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (October 23, 2023 – October 27, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 3.54%.

Technically, Canara Bank share price will see immediate support at 363.40 and immediate resistance would be seen at 376.80.

If Canara Bank share price closes below immediate support of 363.40, then sharp breakdown can be seen. Canara Bank share price will see major support at 357.50 for the week.

On the positive side, immediate resistance will be seen at 376.80. Closing above 376.80, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 384.30 for the week.

Trading range for Canara Bank share price for this week should be between 350.00 on down side and 390.20 on up side.

Canara Bank Previous Week High: 378.4

Canara Bank Previous Week Low: 365

Canara Bank Previous Week Range: 13.4 Points

Canara Bank share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 390.20
Resistance 2 384.30
Resistance 1 376.80
Support 1 363.40
Support 2 357.50
Support 3 350.00
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{"buy_point":[{"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":"2023-10-09","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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