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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (December 18, 2023 – December 22, 2023)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 2.95%.

Technically, Mrf share price will see immediate support at 118,068.98 and immediate resistance would be seen at 121,646.23.

If Mrf share price closes below immediate support of 118,068.98, then sharp breakdown can be seen. Mrf share price will see major support at 116,053.92 for the week.

On the positive side, immediate resistance will be seen at 121,646.23. Closing above 121,646.23, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 123,208.42 for the week.

Trading range for Mrf share price for this week should be between 114,491.73 on down side and 125,223.48 on up side.

Mrf Previous Week High: 121193.35

Mrf Previous Week Low: 117616.1

Mrf Previous Week Range: 3577.25 Points

Mrf share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 125,223.48
Resistance 2 123,208.42
Resistance 1 121,646.23
Support 1 118,068.98
Support 2 116,053.92
Support 3 114,491.73
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