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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (April 15, 2024 – April 19, 2024)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 2.46%.

Technically, Canara Bank share price will see immediate support at 600.05 and immediate resistance would be seen at 615.30.

If Canara Bank share price closes below immediate support of 600.05, then sharp breakdown can be seen. Canara Bank share price will see major support at 594.25 for the week.

On the positive side, immediate resistance will be seen at 615.30. Closing above 615.30, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 624.75 for the week.

Trading range for Canara Bank share price for this week should be between 584.80 on down side and 630.55 on up side.

Canara Bank Previous Week High: 618.95

Canara Bank Previous Week Low: 603.7

Canara Bank Previous Week Range: 15.25 Points

Canara Bank share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 630.55
Resistance 2 624.75
Resistance 1 615.30
Support 1 600.05
Support 2 594.25
Support 3 584.80
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