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MARKET OUTLOOKMUTHOOTFINSTOCK OUTLOOK

Muthoot Finance Outlook for the Week (April 29, 2024 – May 03, 2024)

Muthoot Finance
Muthoot Finance
Muthoot Finance closed the previous week on a negative note losing 7.63%.

Technically, Muthoot Finance share price will see immediate support at 1,610.30 and immediate resistance would be seen at 1,741.30.

If Muthoot Finance share price closes below immediate support of 1,610.30, then sharp breakdown can be seen. Muthoot Finance share price will see major support at 1,532.65 for the week.

1750.001750.001700.001700.001650.001650.001600.001600.001550.001550.001500.001500.001450.001450.001400.001400.001350.001350.001300.001300.00Mar 12Mar 12Mar 15Mar 15Mar 20Mar 20Mar 26Mar 26Apr 1Apr 1Apr 4Apr 4Apr 9Apr 9Apr 15Apr 15Apr 19Apr 19Apr 24Apr 24Reversal Level 1636.54BuySell

On the positive side, immediate resistance will be seen at 1,741.30. Closing above 1,741.30, Muthoot Finance share price will see a sharp breakout. Major resistance for Muthoot Finance share price will be seen at 1,794.65 for the week.

Trading range for Muthoot Finance share price for this week should be between 1,479.30 on down side and 1,872.30 on up side.

Muthoot Finance Previous Week High: 1717

Muthoot Finance Previous Week Low: 1586

Muthoot Finance Previous Week Range: 131 Points

Muthoot Finance share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 1,872.30
Resistance 2 1,794.65
Resistance 1 1,741.30
Support 1 1,610.30
Support 2 1,532.65
Support 3 1,479.30
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