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IDFCFIRSTBMARKET OUTLOOKSTOCK OUTLOOK

Idfc First Bank Outlook for the Week (October 23, 2023 – October 27, 2023)

Idfc First Bank
Idfc First Bank
Idfc First Bank closed the previous week on a negative note losing 5.05%.

Technically, Idfc First Bank share price will see immediate support at 87.17 and immediate resistance would be seen at 91.87.

If Idfc First Bank share price closes below immediate support of 87.17, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 85.43 for the week.

On the positive side, immediate resistance will be seen at 91.87. Closing above 91.87, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 94.83 for the week.

Trading range for Idfc First Bank share price for this week should be between 82.47 on down side and 96.57 on up side.

Idfc First Bank Previous Week High: 93.1

Idfc First Bank Previous Week Low: 88.4

Idfc First Bank Previous Week Range: 4.7 Points

Idfc First Bank share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 96.57
Resistance 2 94.83
Resistance 1 91.87
Support 1 87.17
Support 2 85.43
Support 3 82.47
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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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