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IDFCMARKET OUTLOOKSTOCK OUTLOOK

Idfc Outlook for the Week (August 07, 2023 – August 11, 2023)

Idfc closed the previous week on a negative note losing 5.20%.

Technically, Idfc share price will see immediate support at 115.27 and immediate resistance would be seen at 121.57.

If Idfc share price closes below immediate support of 115.27, then sharp breakdown can be seen. Idfc share price will see major support at 111.93 for the week.

On the positive side, immediate resistance will be seen at 121.57. Closing above 121.57, Idfc share price will see a sharp breakout. Major resistance for Idfc share price will be seen at 124.53 for the week.

Trading range for Idfc share price for this week should be between 108.97 on down side and 127.87 on up side.

Idfc Previous Week High: 121.2

Idfc Previous Week Low: 114.9

Idfc Previous Week Range: 6.3 Points

Idfc share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 127.87
Resistance 2 124.53
Resistance 1 121.57
Support 1 115.27
Support 2 111.93
Support 3 108.97

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