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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

Indusind Bank Outlook for the Week (August 28, 2023 – September 01, 2023)

Indusind Bank
Indusind Bank
Indusind Bank closed the previous week on a negative note losing 4.79%.

Technically, Indusind Bank share price will see immediate support at 1,366.57 and immediate resistance would be seen at 1,435.37.

If Indusind Bank share price closes below immediate support of 1,366.57, then sharp breakdown can be seen. Indusind Bank share price will see major support at 1,331.98 for the week.

On the positive side, immediate resistance will be seen at 1,435.37. Closing above 1,435.37, Indusind Bank share price will see a sharp breakout. Major resistance for Indusind Bank share price will be seen at 1,469.58 for the week.

Trading range for Indusind Bank share price for this week should be between 1,297.77 on down side and 1,504.17 on up side.

Indusind Bank Previous Week High: 1435

Indusind Bank Previous Week Low: 1366.2

Indusind Bank Previous Week Range: 68.8 Points

Indusind Bank share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 1,504.17
Resistance 2 1,469.58
Resistance 1 1,435.37
Support 1 1,366.57
Support 2 1,331.98
Support 3 1,297.77

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