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IDFCFIRSTBMARKET OUTLOOKSTOCK OUTLOOK

Idfc First Bank Outlook for the Week (January 29, 2024 – February 02, 2024)

Idfc First Bank
Idfc First Bank
Idfc First Bank closed the previous week on a negative note losing 7.39%.

Technically, Idfc First Bank share price will see immediate support at 77.57 and immediate resistance would be seen at 83.87.

If Idfc First Bank share price closes below immediate support of 77.57, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 75.08 for the week.

On the positive side, immediate resistance will be seen at 83.87. Closing above 83.87, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 87.68 for the week.

Trading range for Idfc First Bank share price for this week should be between 71.27 on down side and 90.17 on up side.

Idfc First Bank Previous Week High: 85.2

Idfc First Bank Previous Week Low: 78.9

Idfc First Bank Previous Week Range: 6.3 Points

Idfc First Bank share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 90.17
Resistance 2 87.68
Resistance 1 83.87
Support 1 77.57
Support 2 75.08
Support 3 71.27
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{"buy_point":[{"en_ltd":"2024-01-11","en_sup_p_91":"85.30","en_sup_t_91":"83.38","prev_close":"83.90","en_close":"86.65","new_date":"Jan 11","prev_close_no":83}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"85.95","en_sup_t_91":"89.63","prev_close":"88.30","en_close":"85.20","new_date":"Jan 17","prev_close_no":88},{"en_ltd":"2023-12-20","en_sup_p_91":"89.28","en_sup_t_91":"91.21","prev_close":"90.15","en_close":"87.35","new_date":"Dec 20","prev_close_no":90}]}

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