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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (January 29, 2024 – February 02, 2024)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 7.94%.

Technically, Mrf share price will see immediate support at 132,692.20 and immediate resistance would be seen at 144,436.75.

If Mrf share price closes below immediate support of 132,692.20, then sharp breakdown can be seen. Mrf share price will see major support at 128,526.45 for the week.

On the positive side, immediate resistance will be seen at 144,436.75. Closing above 144,436.75, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 152,015.55 for the week.

Trading range for Mrf share price for this week should be between 120,947.65 on down side and 156,181.30 on up side.

Mrf Previous Week High: 147849.8

Mrf Previous Week Low: 136105.25

Mrf Previous Week Range: 11744.55 Points

Mrf share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 156,181.30
Resistance 2 152,015.55
Resistance 1 144,436.75
Support 1 132,692.20
Support 2 128,526.45
Support 3 120,947.65
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