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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (May 06, 2024 – May 10, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 5.65%.

Technically, ndusind Bank ” share price will see immediate support at 1,443.53 and immediate resistance would be seen at 1,530.43.

If ndusind Bank ” share price closes below immediate support of 1,443.53, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,403.37 for the week.

On the positive side, immediate resistance will be seen at 1,530.43. Closing above 1,530.43, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,577.17 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,356.63 on down side and 1,617.33 on up side.

ndusind Bank ” Previous Week High: 1537

ndusind Bank ” Previous Week Low: 1450.1

ndusind Bank ” Previous Week Range: 86.9 Points

ndusind Bank ” share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 1,617.33
Resistance 2 1,577.17
Resistance 1 1,530.43
Support 1 1,443.53
Support 2 1,403.37
Support 3 1,356.63
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