MRF Outlook for the Week (December 23, 2024 – December 27, 2024)
MRF closed the previous week on a negative note losing -3.89%.
Technically, MRF share price will see immediate support at 125,928.40 and immediate resistance would be seen at 131,815.10.
If MRF share price closes below immediate support of 125,928.40, then sharp breakdown can be seen. MRF share price will see major support at 123,798.90 for the week.
On the positive side, immediate resistance will be seen at 131,815.10. Closing above 131,815.10, MRF share price will see a sharp breakout. Major resistance for MRF share price will be seen at 135,572.30 for the week.
Trading range for MRF share price for this week should be between 120,041.70 on down side and 137,701.80 on up side.
MRF Previous Week Open: 133240.25
MRF Previous Week High: 133442.8
MRF Previous Week Low: 127556.1
MRF Previous Week Close: 128057.9
MRF Previous Week Range: 5886.7 Points
MRF share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 137,701.80 |
| Resistance 2 | 135,572.30 |
| Resistance 1 | 131,815.10 |
| Support 1 | 125,928.40 |
| Support 2 | 123,798.90 |
| Support 3 | 120,041.70 |
