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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (March 04, 2024 – March 08, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 5.81%.

Technically, ndusind Bank ” share price will see immediate support at 1,468.18 and immediate resistance would be seen at 1,556.93.

If ndusind Bank ” share price closes below immediate support of 1,468.18, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,409.72 for the week.

1650.001650.001600.001600.001550.001550.001500.001500.001450.001450.001400.001400.00Jan 19Jan 19Jan 24Jan 24Jan 30Jan 30Feb 2Feb 2Feb 7Feb 7Feb 12Feb 12Feb 15Feb 15Feb 20Feb 20Feb 23Feb 23Feb 28Feb 28Reversal Level 1461.34BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,556.93. Closing above 1,556.93, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,587.22 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,379.43 on down side and 1,645.68 on up side.

ndusind Bank ” Previous Week High: 1528.75

ndusind Bank ” Previous Week Low: 1440

ndusind Bank ” Previous Week Range: 88.75 Points

ndusind Bank ” share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 1,645.68
Resistance 2 1,587.22
Resistance 1 1,556.93
Support 1 1,468.18
Support 2 1,409.72
Support 3 1,379.43
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