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Idfc First Bank closed the previous week on a negative note losing 2.42%.Technically, Idfc First Bank share price will see immediate support at 87.00 and immediate resistance would be seen at 89.15.
If Idfc First Bank share price closes below immediate support of 87.00, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 85.85 for the week.
On the positive side, immediate resistance will be seen at 89.15. Closing above 89.15, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 90.15 for the week.
Trading range for Idfc First Bank share price for this week should be between 84.85 on down side and 91.30 on up side.
Idfc First Bank Previous Week High: 89
Idfc First Bank Previous Week Low: 86.85
Idfc First Bank Previous Week Range: 2.15 Points
Idfc First Bank share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 91.30 |
| Resistance 2 | 90.15 |
| Resistance 1 | 89.15 |
| Support 1 | 87.00 |
| Support 2 | 85.85 |
| Support 3 | 84.85 |
