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MARKET OUTLOOKMRFSTOCK OUTLOOK

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

Mrf
Mrf
Mrf closed the previous week on a negative note losing 4.90%.

Technically, Mrf share price will see immediate support at 123,987.87 and immediate resistance would be seen at 130,326.77.

If Mrf share price closes below immediate support of 123,987.87, then sharp breakdown can be seen. Mrf share price will see major support at 120,380.03 for the week.

On the positive side, immediate resistance will be seen at 130,326.77. Closing above 130,326.77, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 133,057.83 for the week.

Trading range for Mrf share price for this week should be between 117,648.97 on down side and 136,665.67 on up side.

Mrf Previous Week High: 129450

Mrf Previous Week Low: 123111.1

Mrf Previous Week Range: 6338.9 Points

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

Level Type Value
Resistance 3 136,665.67
Resistance 2 133,057.83
Resistance 1 130,326.77
Support 1 123,987.87
Support 2 120,380.03
Support 3 117,648.97
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