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IDEAMARKET OUTLOOKSTOCK OUTLOOK

IDEA Outlook for the Week (February 12, 2024 – February 16, 2024)

IDEA
IDEA
IDEA closed the previous week on a negative note losing 13.10%.

Technically, IDEA share price will see immediate support at 14.18 and immediate resistance would be seen at 16.23.

If IDEA share price closes below immediate support of 14.18, then sharp breakdown can be seen. IDEA share price will see major support at 12.87 for the week.

On the positive side, immediate resistance will be seen at 16.23. Closing above 16.23, IDEA share price will see a sharp breakout. Major resistance for IDEA share price will be seen at 16.97 for the week.

Trading range for IDEA share price for this week should be between 12.13 on down side and 18.28 on up side.

IDEA Previous Week High: 15.65

IDEA Previous Week Low: 13.6

IDEA Previous Week Range: 2.05 Points

IDEA share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 18.28
Resistance 2 16.97
Resistance 1 16.23
Support 1 14.18
Support 2 12.87
Support 3 12.13
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