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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (January 22, 2024 – January 26, 2024)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 11.05%.

Technically, Mrf share price will see immediate support at 131,969.95 and immediate resistance would be seen at 148,574.05.

If Mrf share price closes below immediate support of 131,969.95, then sharp breakdown can be seen. Mrf share price will see major support at 124,507.95 for the week.

On the positive side, immediate resistance will be seen at 148,574.05. Closing above 148,574.05, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 157,716.15 for the week.

Trading range for Mrf share price for this week should be between 115,365.85 on down side and 165,178.15 on up side.

Mrf Previous Week High: 150254.15

Mrf Previous Week Low: 133650.05

Mrf Previous Week Range: 16604.1 Points

Mrf share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 165,178.15
Resistance 2 157,716.15
Resistance 1 148,574.05
Support 1 131,969.95
Support 2 124,507.95
Support 3 115,365.85
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