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By EquityPandit

MARKET OUTLOOKMUTHOOTFINSTOCK OUTLOOK

Muthoot Finance Outlook for the Week (March 04, 2024 – March 08, 2024)

Muthoot Finance
Muthoot Finance
Muthoot Finance closed the previous week on a negative note losing 4.68%.

Technically, Muthoot Finance share price will see immediate support at 1,280.90 and immediate resistance would be seen at 1,342.80.

If Muthoot Finance share price closes below immediate support of 1,280.90, then sharp breakdown can be seen. Muthoot Finance share price will see major support at 1,240.45 for the week.

1460.001460.001440.001440.001420.001420.001400.001400.001380.001380.001360.001360.001340.001340.001320.001320.001300.001300.001280.001280.001260.001260.00Jan 19Jan 19Jan 24Jan 24Jan 30Jan 30Feb 2Feb 2Feb 7Feb 7Feb 12Feb 12Feb 15Feb 15Feb 20Feb 20Feb 23Feb 23Feb 28Feb 28Reversal Level 1322.89BuySell

On the positive side, immediate resistance will be seen at 1,342.80. Closing above 1,342.80, Muthoot Finance share price will see a sharp breakout. Major resistance for Muthoot Finance share price will be seen at 1,364.25 for the week.

Trading range for Muthoot Finance share price for this week should be between 1,219.00 on down side and 1,404.70 on up side.

Muthoot Finance Previous Week High: 1323.8

Muthoot Finance Previous Week Low: 1261.9

Muthoot Finance Previous Week Range: 61.9 Points

Muthoot Finance share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 1,404.70
Resistance 2 1,364.25
Resistance 1 1,342.80
Support 1 1,280.90
Support 2 1,240.45
Support 3 1,219.00
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{"buy_point":[{"en_ltd":"2024-02-07","en_sup_p_91":"1410.66","en_sup_t_91":"1371.00","prev_close":"1390.50","en_close":"1425.15","new_date":"Feb 7","prev_close_no":1390}],"sell_point":[{"en_ltd":"2024-02-08","en_sup_p_91":"1371.00","en_sup_t_91":"1435.34","prev_close":"1425.15","en_close":"1359.75","new_date":"Feb 8","prev_close_no":1425}]}

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