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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (April 01, 2024 – April 05, 2024)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 4.33%.

Technically, Canara Bank share price will see immediate support at 566.33 and immediate resistance would be seen at 591.78.

If Canara Bank share price closes below immediate support of 566.33, then sharp breakdown can be seen. Canara Bank share price will see major support at 551.62 for the week.

On the positive side, immediate resistance will be seen at 591.78. Closing above 591.78, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 602.52 for the week.

Trading range for Canara Bank share price for this week should be between 540.88 on down side and 617.23 on up side.

Canara Bank Previous Week High: 587.8

Canara Bank Previous Week Low: 562.35

Canara Bank Previous Week Range: 25.45 Points

Canara Bank share price support and resistance for the week (April 01, 2024 – April 05, 2024)

Level Type Value
Resistance 3 617.23
Resistance 2 602.52
Resistance 1 591.78
Support 1 566.33
Support 2 551.62
Support 3 540.88
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{"buy_point":[{"en_ltd":"2024-03-21","en_sup_p_91":"563.25","en_sup_t_91":"544.22","prev_close":"551.05","en_close":"563.90","new_date":"Mar 21","prev_close_no":551},{"en_ltd":"2024-03-01","en_sup_p_91":"576.31","en_sup_t_91":"554.08","prev_close":"564.45","en_close":"578.65","new_date":"Mar 1","prev_close_no":564}],"sell_point":[{"en_ltd":"2024-03-12","en_sup_p_91":"582.41","en_sup_t_91":"595.23","prev_close":"586.25","en_close":"566.90","new_date":"Mar 12","prev_close_no":586},{"en_ltd":"2024-02-28","en_sup_p_91":"568.75","en_sup_t_91":"580.97","prev_close":"571.90","en_close":"550.45","new_date":"Feb 28","prev_close_no":571}]}

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