Muthoot Finance Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Muthoot Finance closed the previous week on a negative note losing 5.31%

Technically, Muthoot Finance share price will see immediate support at 1,286.90 and immediate resistance would be seen at 1,358.30

If Muthoot Finance share price closes below immediate support of 1,286.90, then sharp breakdown can be seen. Muthoot Finance share price will see major support at 1,243.75 for the week.

On the positive side, immediate resistance will be seen at 1,358.30. Closing above 1,358.30, Muthoot Finance share price will see a sharp breakout. Major resistance for Muthoot Finance share price will be seen at 1,386.55 for the week.

Trading range for Muthoot Finance share price for this week should be between 1,215.50 on down side and 1,429.70 on up side.

Muthoot Finance Previous Week High: 1343.4

Muthoot Finance Previous Week Low: 1272

Muthoot Finance Previous Week Range: 71.4 Points

Muthoot Finance share price support and resistance for the week (July 31, 2023 – August 04, 2023)