MRF Outlook for the Week (November 11, 2024 – November 15, 2024)
MRF closed the previous week on a negative note losing -3.55%.
Technically, MRF share price will see immediate support at 116,560.13 and immediate resistance would be seen at 122,989.38.
If MRF share price closes below immediate support of 116,560.13, then sharp breakdown can be seen. MRF share price will see major support at 113,765.97 for the week.
On the positive side, immediate resistance will be seen at 122,989.38. Closing above 122,989.38, MRF share price will see a sharp breakout. Major resistance for MRF share price will be seen at 126,624.47 for the week.
Trading range for MRF share price for this week should be between 110,130.88 on down side and 129,418.63 on up side.
MRF Previous Week Open: 123750
MRF Previous Week High: 123830.3
MRF Previous Week Low: 117401.05
MRF Previous Week Close: 119354.3
MRF Previous Week Range: 6429.25 Points
MRF share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 129,418.63 |
| Resistance 2 | 126,624.47 |
| Resistance 1 | 122,989.38 |
| Support 1 | 116,560.13 |
| Support 2 | 113,765.97 |
| Support 3 | 110,130.88 |
