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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (January 15, 2024 – January 19, 2024)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 5.92%.

Technically, Idfc share price will see immediate support at 120.48 and immediate resistance would be seen at 127.98.

If Idfc share price closes below immediate support of 120.48, then sharp breakdown can be seen. Idfc share price will see major support at 116.12 for the week.

On the positive side, immediate resistance will be seen at 127.98. Closing above 127.98, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 131.12 for the week.

Trading range for Idfc share price for this week should be between 112.98 on down side and 135.48 on up side.

Idfc Previous Week High: 126.75

Idfc Previous Week Low: 119.25

Idfc Previous Week Range: 7.5 Points

Idfc share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 135.48
Resistance 2 131.12
Resistance 1 127.98
Support 1 120.48
Support 2 116.12
Support 3 112.98
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{"buy_point":[{"en_ltd":"2024-01-11","en_sup_p_91":"123.51","en_sup_t_91":"120.50","prev_close":"121.00","en_close":"124.80","new_date":"Jan 11","prev_close_no":121},{"en_ltd":"2023-12-29","en_sup_p_91":"125.29","en_sup_t_91":"123.36","prev_close":"125.00","en_close":"126.65","new_date":"Dec 29","prev_close_no":125},{"en_ltd":"2023-12-04","en_sup_p_91":"119.20","en_sup_t_91":"118.73","prev_close":"119.00","en_close":"121.10","new_date":"Dec 4","prev_close_no":119}],"sell_point":[{"en_ltd":"2024-01-09","en_sup_p_91":"123.41","en_sup_t_91":"126.48","prev_close":"123.50","en_close":"122.70","new_date":"Jan 9","prev_close_no":123},{"en_ltd":"2023-12-20","en_sup_p_91":"124.84","en_sup_t_91":"127.78","prev_close":"126.65","en_close":"122.00","new_date":"Dec 20","prev_close_no":126},{"en_ltd":"2023-12-11","en_sup_p_91":"122.14","en_sup_t_91":"124.93","prev_close":"122.30","en_close":"121.20","new_date":"Dec 11","prev_close_no":122}]}

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