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CANBKMARKET OUTLOOKSTOCK OUTLOOK

Canara Bank Outlook for the Week (September 04, 2023 – September 08, 2023)

Canara Bank
Canara Bank
Canara Bank closed the previous week on a negative note losing 3.36%.

Technically, Canara Bank share price will see immediate support at 321.65 and immediate resistance would be seen at 332.75.

If Canara Bank share price closes below immediate support of 321.65, then sharp breakdown can be seen. Canara Bank share price will see major support at 314.90 for the week.

On the positive side, immediate resistance will be seen at 332.75. Closing above 332.75, Canara Bank share price will see a sharp breakout. Major resistance for Canara Bank share price will be seen at 337.10 for the week.

Trading range for Canara Bank share price for this week should be between 310.55 on down side and 343.85 on up side.

Canara Bank Previous Week High: 330.35

Canara Bank Previous Week Low: 319.25

Canara Bank Previous Week Range: 11.1 Points

Canara Bank share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 343.85
Resistance 2 337.10
Resistance 1 332.75
Support 1 321.65
Support 2 314.90
Support 3 310.55

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