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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (January 01, 2024 – January 05, 2024)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 8.20%.

Technically, Mrf share price will see immediate support at 122,720.38 and immediate resistance would be seen at 133,418.73.

If Mrf share price closes below immediate support of 122,720.38, then sharp breakdown can be seen. Mrf share price will see major support at 115,861.52 for the week.

On the positive side, immediate resistance will be seen at 133,418.73. Closing above 133,418.73, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 137,258.22 for the week.

Trading range for Mrf share price for this week should be between 112,022.03 on down side and 144,117.08 on up side.

Mrf Previous Week High: 130399.35

Mrf Previous Week Low: 119701

Mrf Previous Week Range: 10698.35 Points

Mrf share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 144,117.08
Resistance 2 137,258.22
Resistance 1 133,418.73
Support 1 122,720.38
Support 2 115,861.52
Support 3 112,022.03
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