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MARKET OUTLOOKSRFSTOCK OUTLOOK

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

SRF
SRF
SRF closed the previous week on a negative note losing 13.70%.

Technically, SRF share price will see immediate support at 2,151.37 and immediate resistance would be seen at 2,509.37.

If SRF share price closes below immediate support of 2,151.37, then sharp breakdown can be seen. SRF share price will see major support at 2,024.68 for the week.

On the positive side, immediate resistance will be seen at 2,509.37. Closing above 2,509.37, SRF share price will see a sharp breakout. Major resistance for SRF share price will be seen at 2,740.68 for the week.

Trading range for SRF share price for this week should be between 1,793.37 on down side and 2,867.37 on up side.

SRF Previous Week High: 2614

SRF Previous Week Low: 2256

SRF Previous Week Range: 358 Points

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

Level Type Value
Resistance 3 2,867.37
Resistance 2 2,740.68
Resistance 1 2,509.37
Support 1 2,151.37
Support 2 2,024.68
Support 3 1,793.37
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