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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (August 21, 2023 – August 25, 2023)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 4.21%.

Technically, Idfc share price will see immediate support at 116.40 and immediate resistance would be seen at 121.50.

If Idfc share price closes below immediate support of 116.40, then sharp breakdown can be seen. Idfc share price will see major support at 113.65 for the week.

On the positive side, immediate resistance will be seen at 121.50. Closing above 121.50, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 123.85 for the week.

Trading range for Idfc share price for this week should be between 111.30 on down side and 126.60 on up side.

Idfc Previous Week High: 121.1

Idfc Previous Week Low: 116

Idfc Previous Week Range: 5.1 Points

Idfc share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 126.60
Resistance 2 123.85
Resistance 1 121.50
Support 1 116.40
Support 2 113.65
Support 3 111.30

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