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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (January 08, 2024 – January 12, 2024)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 4.02%.

Technically, Idfc share price will see immediate support at 122.17 and immediate resistance would be seen at 127.27.

If Idfc share price closes below immediate support of 122.17, then sharp breakdown can be seen. Idfc share price will see major support at 119.38 for the week.

On the positive side, immediate resistance will be seen at 127.27. Closing above 127.27, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 129.58 for the week.

Trading range for Idfc share price for this week should be between 117.07 on down side and 132.37 on up side.

Idfc Previous Week High: 126.8

Idfc Previous Week Low: 121.7

Idfc Previous Week Range: 5.1 Points

Idfc share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 132.37
Resistance 2 129.58
Resistance 1 127.27
Support 1 122.17
Support 2 119.38
Support 3 117.07
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