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By EquityPandit

INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (February 05, 2024 – February 09, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 3.69%.

Technically, ndusind Bank ” share price will see immediate support at 1,505.65 and immediate resistance would be seen at 1,563.35.

If ndusind Bank ” share price closes below immediate support of 1,505.65, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,477.55 for the week.

1700.001700.001650.001650.001600.001600.001550.001550.001500.001500.001450.001450.001400.001400.00Dec 21Dec 21Dec 27Dec 27Jan 1Jan 1Jan 4Jan 4Jan 9Jan 9Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Reversal Level 1505.29BuySell

On the positive side, immediate resistance will be seen at 1,563.35. Closing above 1,563.35, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,592.95 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,447.95 on down side and 1,621.05 on up side.

ndusind Bank ” Previous Week High: 1564.85

ndusind Bank ” Previous Week Low: 1507.15

ndusind Bank ” Previous Week Range: 57.7 Points

ndusind Bank ” share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 1,621.05
Resistance 2 1,592.95
Resistance 1 1,563.35
Support 1 1,505.65
Support 2 1,477.55
Support 3 1,447.95
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{"buy_point":[{"en_ltd":"2024-01-29","en_sup_p_91":"1517.86","en_sup_t_91":"1479.54","prev_close":"1512.00","en_close":"1526.80","new_date":"Jan 29","prev_close_no":1512}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"1650.89","en_sup_t_91":"1686.31","prev_close":"1667.05","en_close":"1643.90","new_date":"Jan 17","prev_close_no":1667}]}

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