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IDFCFIRSTBMARKET OUTLOOKSTOCK OUTLOOK

Idfc First Bank Outlook for the Week (October 16, 2023 – October 20, 2023)

Idfc First Bank
Idfc First Bank
Idfc First Bank closed the previous week on a negative note losing 4.77%.

Technically, Idfc First Bank share price will see immediate support at 88.32 and immediate resistance would be seen at 92.77.

If Idfc First Bank share price closes below immediate support of 88.32, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 86.38 for the week.

On the positive side, immediate resistance will be seen at 92.77. Closing above 92.77, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 95.28 for the week.

Trading range for Idfc First Bank share price for this week should be between 83.87 on down side and 97.22 on up side.

Idfc First Bank Previous Week High: 93.35

Idfc First Bank Previous Week Low: 88.9

Idfc First Bank Previous Week Range: 4.45 Points

Idfc First Bank share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 97.22
Resistance 2 95.28
Resistance 1 92.77
Support 1 88.32
Support 2 86.38
Support 3 83.87
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{"buy_point":[{"en_ltd":"2023-09-26","en_sup_p_91":"94.71","en_sup_t_91":"92.39","prev_close":"94.30","en_close":"95.55","new_date":"Sep 26","prev_close_no":94}],"sell_point":[{"en_ltd":"2023-10-04","en_sup_p_91":"93.97","en_sup_t_91":"94.98","prev_close":"94.15","en_close":"91.75","new_date":"Oct 4","prev_close_no":94},{"en_ltd":"2023-09-07","en_sup_p_91":"96.25","en_sup_t_91":"99.86","prev_close":"97.65","en_close":"95.80","new_date":"Sep 7","prev_close_no":97}]}

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