Idfc Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Idfc closed the previous week on a negative note losing 4.74%

Technically, Idfc share price will see immediate support at 112.73 and immediate resistance would be seen at 118.33

If Idfc share price closes below immediate support of 112.73, then sharp breakdown can be seen. Idfc share price will see major support at 109.87 for the week.

On the positive side, immediate resistance will be seen at 118.33. Closing above 118.33, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 121.07 for the week.

Trading range for Idfc share price for this week should be between 107.13 on down side and 123.93 on up side.

Idfc Previous Week High: 118.2

Idfc Previous Week Low: 112.6

Idfc Previous Week Range: 5.6 Points

Idfc share price support and resistance for the week (July 31, 2023 – August 04, 2023)