Idfc First Bank Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Idfc First Bank closed the previous week on a negative note losing 4.70%

Technically, Idfc First Bank share price will see immediate support at 81.97 and immediate resistance would be seen at 86.02

If Idfc First Bank share price closes below immediate support of 81.97, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 79.98 for the week.

On the positive side, immediate resistance will be seen at 86.02. Closing above 86.02, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 88.08 for the week.

Trading range for Idfc First Bank share price for this week should be between 77.92 on down side and 90.07 on up side.

Idfc First Bank Previous Week High: 86.1

Idfc First Bank Previous Week Low: 82.05

Idfc First Bank Previous Week Range: 4.05 Points

Idfc First Bank share price support and resistance for the week (July 31, 2023 – August 04, 2023)