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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (February 19, 2024 – February 23, 2024)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 7.06%.

Technically, Idfc share price will see immediate support at 113.22 and immediate resistance would be seen at 121.67.

If Idfc share price closes below immediate support of 113.22, then sharp breakdown can be seen. Idfc share price will see major support at 108.03 for the week.

On the positive side, immediate resistance will be seen at 121.67. Closing above 121.67, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 124.93 for the week.

Trading range for Idfc share price for this week should be between 104.77 on down side and 130.12 on up side.

Idfc Previous Week High: 119.75

Idfc Previous Week Low: 111.3

Idfc Previous Week Range: 8.45 Points

Idfc share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 130.12
Resistance 2 124.93
Resistance 1 121.67
Support 1 113.22
Support 2 108.03
Support 3 104.77
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