MRF Outlook for the Week (December 16, 2024 – December 20, 2024)
MRF closed flat on Weekly basis.
Technically, MRF share price will see immediate support at 125,864.37 and immediate resistance would be seen at 133,803.37.
If MRF share price closes below immediate support of 125,864.37, then sharp breakdown can be seen. MRF share price will see major support at 121,093.18 for the week.
On the positive side, immediate resistance will be seen at 133,803.37. Closing above 133,803.37, MRF share price will see a sharp breakout. Major resistance for MRF share price will be seen at 136,971.18 for the week.
Trading range for MRF share price for this week should be between 117,925.37 on down side and 141,742.37 on up side.
MRF Previous Week Open: 125100
MRF Previous Week High: 132200
MRF Previous Week Low: 124261
MRF Previous Week Close: 130635.55
MRF Previous Week Range: 7939 Points
MRF share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 141,742.37 |
| Resistance 2 | 136,971.18 |
| Resistance 1 | 133,803.37 |
| Support 1 | 125,864.37 |
| Support 2 | 121,093.18 |
| Support 3 | 117,925.37 |
