MRF Outlook for the Week (November 18, 2024 – November 22, 2024)
MRF closed flat on Weekly basis.
Technically, MRF share price will see immediate support at 118,600.02 and immediate resistance would be seen at 123,828.77.
If MRF share price closes below immediate support of 118,600.02, then sharp breakdown can be seen. MRF share price will see major support at 116,648.28 for the week.
On the positive side, immediate resistance will be seen at 123,828.77. Closing above 123,828.77, MRF share price will see a sharp breakout. Major resistance for MRF share price will be seen at 127,105.78 for the week.
Trading range for MRF share price for this week should be between 113,371.27 on down side and 129,057.52 on up side.
MRF Previous Week Open: 120101
MRF Previous Week High: 125154.05
MRF Previous Week Low: 119925.3
MRF Previous Week Close: 120551.75
MRF Previous Week Range: 5228.75 Points
MRF share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 129,057.52 |
| Resistance 2 | 127,105.78 |
| Resistance 1 | 123,828.77 |
| Support 1 | 118,600.02 |
| Support 2 | 116,648.28 |
| Support 3 | 113,371.27 |
