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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (October 16, 2023 – October 20, 2023)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 3.84%.

Technically, ndusind Bank ” share price will see immediate support at 1,427.03 and immediate resistance would be seen at 1,483.33.

If ndusind Bank ” share price closes below immediate support of 1,427.03, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,390.37 for the week.

On the positive side, immediate resistance will be seen at 1,483.33. Closing above 1,483.33, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,502.97 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,370.73 on down side and 1,539.63 on up side.

ndusind Bank ” Previous Week High: 1466.3

ndusind Bank ” Previous Week Low: 1410

ndusind Bank ” Previous Week Range: 56.3 Points

ndusind Bank ” share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 1,539.63
Resistance 2 1,502.97
Resistance 1 1,483.33
Support 1 1,427.03
Support 2 1,390.37
Support 3 1,370.73
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