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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (September 25, 2023 – September 29, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 6.58%.

Technically, Canara Bank share price will see immediate support at 367.03 and immediate resistance would be seen at 392.43.

If Canara Bank share price closes below immediate support of 367.03, then sharp breakdown can be seen. Canara Bank share price will see major support at 351.12 for the week.

On the positive side, immediate resistance will be seen at 392.43. Closing above 392.43, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 401.92 for the week.

Trading range for Canara Bank share price for this week should be between 341.63 on down side and 417.83 on up side.

Canara Bank Previous Week High: 386

Canara Bank Previous Week Low: 360.6

Canara Bank Previous Week Range: 25.4 Points

Canara Bank share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 417.83
Resistance 2 401.92
Resistance 1 392.43
Support 1 367.03
Support 2 351.12
Support 3 341.63

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