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IDFCFIRSTBMARKET OUTLOOKSTOCK OUTLOOK

Idfc First Bank Outlook for the Week (February 26, 2024 – March 01, 2024)

Idfc First Bank
Idfc First Bank
Idfc First Bank closed the previous week on a negative note losing 4.30%.

Technically, Idfc First Bank share price will see immediate support at 80.75 and immediate resistance would be seen at 84.35.

If Idfc First Bank share price closes below immediate support of 80.75, then sharp breakdown can be seen. Idfc First Bank share price will see major support at 78.65 for the week.

On the positive side, immediate resistance will be seen at 84.35. Closing above 84.35, Idfc First Bank share price will see a sharp breakout. Major resistance for Idfc First Bank share price will be seen at 85.85 for the week.

Trading range for Idfc First Bank share price for this week should be between 77.15 on down side and 87.95 on up side.

Idfc First Bank Previous Week High: 83.75

Idfc First Bank Previous Week Low: 80.15

Idfc First Bank Previous Week Range: 3.6 Points

Idfc First Bank share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 87.95
Resistance 2 85.85
Resistance 1 84.35
Support 1 80.75
Support 2 78.65
Support 3 77.15
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{"buy_point":[{"en_ltd":"2024-02-16","en_sup_p_91":"81.60","en_sup_t_91":"80.20","prev_close":"81.25","en_close":"82.85","new_date":"Feb 16","prev_close_no":81},{"en_ltd":"2024-01-29","en_sup_p_91":"82.69","en_sup_t_91":"79.26","prev_close":"80.05","en_close":"83.50","new_date":"Jan 29","prev_close_no":80}],"sell_point":[{"en_ltd":"2024-02-12","en_sup_p_91":"80.99","en_sup_t_91":"82.55","prev_close":"81.25","en_close":"79.20","new_date":"Feb 12","prev_close_no":81},{"en_ltd":"2024-01-17","en_sup_p_91":"85.95","en_sup_t_91":"89.63","prev_close":"88.30","en_close":"85.20","new_date":"Jan 17","prev_close_no":88}]}

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