INDUSINDBK Outlook for the Week (December 16, 2024 – December 20, 2024)
IndusInd Bank closed the previous week on a negative note losing -0.62%.
Technically, IndusInd Bank share price will see immediate support at 966.30 and immediate resistance would be seen at 1,006.25.
If IndusInd Bank share price closes below immediate support of 966.30, then sharp breakdown can be seen. IndusInd Bank share price will see major support at 945.95 for the week.
On the positive side, immediate resistance will be seen at 1,006.25. Closing above 1,006.25, IndusInd Bank share price will see a sharp breakout. Major resistance for IndusInd Bank share price will be seen at 1,025.85 for the week.
Trading range for IndusInd Bank share price for this week should be between 926.35 on down side and 1,046.20 on up side.
IndusInd Bank Previous Week Open: 992.8
IndusInd Bank Previous Week High: 1005.5
IndusInd Bank Previous Week Low: 965.55
IndusInd Bank Previous Week Close: 986.65
IndusInd Bank Previous Week Range: 39.95 Points
IndusInd Bank share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,046.20 |
| Resistance 2 | 1,025.85 |
| Resistance 1 | 1,006.25 |
| Support 1 | 966.30 |
| Support 2 | 945.95 |
| Support 3 | 926.35 |
