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MARKET OUTLOOKMRFSTOCK OUTLOOK

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

Mrf
Mrf
Mrf closed the previous week on a negative note losing 2.96%.

Technically, Mrf share price will see immediate support at 105,711.57 and immediate resistance would be seen at 108,904.57.

If Mrf share price closes below immediate support of 105,711.57, then sharp breakdown can be seen. Mrf share price will see major support at 103,662.78 for the week.

On the positive side, immediate resistance will be seen at 108,904.57. Closing above 108,904.57, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 110,048.78 for the week.

Trading range for Mrf share price for this week should be between 102,518.57 on down side and 112,097.57 on up side.

Mrf Previous Week High: 108000

Mrf Previous Week Low: 104807

Mrf Previous Week Range: 3193 Points

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

Level Type Value
Resistance 3 112,097.57
Resistance 2 110,048.78
Resistance 1 108,904.57
Support 1 105,711.57
Support 2 103,662.78
Support 3 102,518.57

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