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Mrf Outlook for the Week (September 18, 2023 – September 22, 2023)

Mrf closed the previous week on a negative note losing 4.66%.

Technically, Mrf share price will see immediate support at 106,897.78 and immediate resistance would be seen at 112,148.93.

If Mrf share price closes below immediate support of 106,897.78, then sharp breakdown can be seen. Mrf share price will see major support at 104,561.72 for the week.

On the positive side, immediate resistance will be seen at 112,148.93. Closing above 112,148.93, Mrf share price will see a sharp breakout. Major resistance for Mrf share price will be seen at 115,064.02 for the week.

Trading range for Mrf share price for this week should be between 101,646.63 on down side and 117,400.08 on up side.

Mrf Previous Week High: 112727.95

Mrf Previous Week Low: 107476.8

Mrf Previous Week Range: 5251.15 Points

Mrf share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 117,400.08
Resistance 2 115,064.02
Resistance 1 112,148.93
Support 1 106,897.78
Support 2 104,561.72
Support 3 101,646.63

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