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IDFCFIRSTBMARKET OUTLOOKSTOCK OUTLOOK

Idfc First Bank Outlook for the Week (May 06, 2024 – May 10, 2024)

Idfc First Bank
Idfc First Bank
Idfc First Bank closed the previous week on a negative note losing 4.19%.

Technically, Idfc First Bank share price will see immediate support at 79.43 and immediate resistance would be seen at 82.93.

If Idfc First Bank share price closes below immediate support of 79.43, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 77.97 for the week.

On the positive side, immediate resistance will be seen at 82.93. Closing above 82.93, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 84.97 for the week.

Trading range for Idfc First Bank share price for this week should be between 75.93 on down side and 86.43 on up side.

Idfc First Bank Previous Week High: 83.5

Idfc First Bank Previous Week Low: 80

Idfc First Bank Previous Week Range: 3.5 Points

Idfc First Bank share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 86.43
Resistance 2 84.97
Resistance 1 82.93
Support 1 79.43
Support 2 77.97
Support 3 75.93
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{"buy_point":[{"en_ltd":"2024-04-23","en_sup_p_91":"83.39","en_sup_t_91":"81.65","prev_close":"83.20","en_close":"83.45","new_date":"Apr 23","prev_close_no":83},{"en_ltd":"2024-04-02","en_sup_p_91":"77.53","en_sup_t_91":"76.28","prev_close":"77.50","en_close":"79.15","new_date":"Apr 2","prev_close_no":77}],"sell_point":[{"en_ltd":"2024-04-29","en_sup_p_91":"83.16","en_sup_t_91":"83.87","prev_close":"84.80","en_close":"81.65","new_date":"Apr 29","prev_close_no":84},{"en_ltd":"2024-04-16","en_sup_p_91":"82.70","en_sup_t_91":"84.79","prev_close":"82.75","en_close":"82.70","new_date":"Apr 16","prev_close_no":82}]}

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