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MARKET OUTLOOKMRFSTOCK OUTLOOK

Mrf Outlook for the Week (May 06, 2024 – May 10, 2024)

Mrf
Mrf
Mrf closed the previous week on a negative note losing 5.76%.

Technically, Mrf share price will see immediate support at 125,691.40 and immediate resistance would be seen at 133,505.90.

If Mrf share price closes below immediate support of 125,691.40, then sharp breakdown can be seen. Mrf share price will see major support at 122,822.40 for the week.

On the positive side, immediate resistance will be seen at 133,505.90. Closing above 133,505.90, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 138,451.40 for the week.

Trading range for Mrf share price for this week should be between 117,876.90 on down side and 141,320.40 on up side.

Mrf Previous Week High: 135582.4

Mrf Previous Week Low: 127767.9

Mrf Previous Week Range: 7814.5 Points

Mrf share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 141,320.40
Resistance 2 138,451.40
Resistance 1 133,505.90
Support 1 125,691.40
Support 2 122,822.40
Support 3 117,876.90
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