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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (February 12, 2024 – February 16, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 5.66%.

Technically, ndusind Bank ” share price will see immediate support at 1,449.12 and immediate resistance would be seen at 1,536.92.

If ndusind Bank ” share price closes below immediate support of 1,449.12, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,411.98 for the week.

On the positive side, immediate resistance will be seen at 1,536.92. Closing above 1,536.92, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,587.58 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,361.32 on down side and 1,624.72 on up side.

ndusind Bank ” Previous Week High: 1550.45

ndusind Bank ” Previous Week Low: 1462.65

ndusind Bank ” Previous Week Range: 87.8 Points

ndusind Bank ” share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 1,624.72
Resistance 2 1,587.58
Resistance 1 1,536.92
Support 1 1,449.12
Support 2 1,411.98
Support 3 1,361.32
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