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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (May 20, 2024 – May 24, 2024)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 3.06%.

Technically, Mrf share price will see immediate support at 126,648.12 and immediate resistance would be seen at 130,614.12.

If Mrf share price closes below immediate support of 126,648.12, then sharp breakdown can be seen. Mrf share price will see major support at 124,152.63 for the week.

On the positive side, immediate resistance will be seen at 130,614.12. Closing above 130,614.12, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 132,084.63 for the week.

Trading range for Mrf share price for this week should be between 122,682.12 on down side and 134,580.12 on up side.

Mrf Previous Week High: 129589.15

Mrf Previous Week Low: 125623.15

Mrf Previous Week Range: 3966 Points

Mrf share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 134,580.12
Resistance 2 132,084.63
Resistance 1 130,614.12
Support 1 126,648.12
Support 2 124,152.63
Support 3 122,682.12
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