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IDEAMARKET OUTLOOKSTOCK OUTLOOK

IDEA Outlook for the Week (August 21, 2023 – August 25, 2023)

IDEA
IDEA
IDEA closed the previous week on a negative note losing 7.36%.

Technically, IDEA share price will see immediate support at 7.38 and immediate resistance would be seen at 7.98.

If IDEA share price closes below immediate support of 7.38, then sharp breakdown can be seen. IDEA share price will see major support at 7.17 for the week.

On the positive side, immediate resistance will be seen at 7.98. Closing above 7.98, IDEA share price will see a sharp breakout. Major resistance for IDEA share price will be seen at 8.37 for the week.

Trading range for IDEA share price for this week should be between 6.78 on down side and 8.58 on up side.

IDEA Previous Week High: 8.15

IDEA Previous Week Low: 7.55

IDEA Previous Week Range: 0.6 Points

IDEA share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 8.58
Resistance 2 8.37
Resistance 1 7.98
Support 1 7.38
Support 2 7.17
Support 3 6.78

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