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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (August 28, 2023 – September 01, 2023)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 5.32%.

Technically, Idfc share price will see immediate support at 118.23 and immediate resistance would be seen at 124.93.

If Idfc share price closes below immediate support of 118.23, then sharp breakdown can be seen. Idfc share price will see major support at 115.42 for the week.

On the positive side, immediate resistance will be seen at 124.93. Closing above 124.93, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 128.82 for the week.

Trading range for Idfc share price for this week should be between 111.53 on down side and 131.63 on up side.

Idfc Previous Week High: 126

Idfc Previous Week Low: 119.3

Idfc Previous Week Range: 6.7 Points

Idfc share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 131.63
Resistance 2 128.82
Resistance 1 124.93
Support 1 118.23
Support 2 115.42
Support 3 111.53

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