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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (May 13, 2024 – May 17, 2024)

Idfc
Idfc
Idfc closed the previous week on a negative note losing 7.79%.

Technically, Idfc share price will see immediate support at 108.97 and immediate resistance would be seen at 118.32.

If Idfc share price closes below immediate support of 108.97, then sharp breakdown can be seen. Idfc share price will see major support at 105.18 for the week.

On the positive side, immediate resistance will be seen at 118.32. Closing above 118.32, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 123.88 for the week.

Trading range for Idfc share price for this week should be between 99.62 on down side and 127.67 on up side.

Idfc Previous Week High: 120.1

Idfc Previous Week Low: 110.75

Idfc Previous Week Range: 9.35 Points

Idfc share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 127.67
Resistance 2 123.88
Resistance 1 118.32
Support 1 108.97
Support 2 105.18
Support 3 99.62
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{"buy_point":[{"en_ltd":"2024-03-27","en_sup_p_91":"110.92","en_sup_t_91":"109.04","prev_close":"110.15","en_close":"111.25","new_date":"Mar 27","prev_close_no":110}],"sell_point":[{"en_ltd":"2024-04-29","en_sup_p_91":"123.94","en_sup_t_91":"124.30","prev_close":"127.25","en_close":"121.65","new_date":"Apr 29","prev_close_no":127}]}

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