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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (November 13, 2023 – November 17, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 2.58%.

Technically, Canara Bank share price will see immediate support at 381.90 and immediate resistance would be seen at 392.00.

If Canara Bank share price closes below immediate support of 381.90, then sharp breakdown can be seen. Canara Bank share price will see major support at 376.40 for the week.

On the positive side, immediate resistance will be seen at 392.00. Closing above 392.00, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 396.60 for the week.

Trading range for Canara Bank share price for this week should be between 371.80 on down side and 402.10 on up side.

Canara Bank Previous Week High: 391.1

Canara Bank Previous Week Low: 381

Canara Bank Previous Week Range: 10.1 Points

Canara Bank share price support and resistance for the week (November 13, 2023 – November 17, 2023)

Level Type Value
Resistance 3 402.10
Resistance 2 396.60
Resistance 1 392.00
Support 1 381.90
Support 2 376.40
Support 3 371.80
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