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MARKET OUTLOOKSRFSTOCK OUTLOOK

SRF Outlook for the Week (July 31, 2023 – August 04, 2023)

SRF Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

SRF closed the previous week on a negative note losing 8.53%

Technically, SRF share price will see immediate support at 2,063.32 and immediate resistance would be seen at 2,253.57

If SRF share price closes below immediate support of 2,063.32, then sharp breakdown can be seen. SRF share price will see major support at 1,956.53 for the week.

On the positive side, immediate resistance will be seen at 2,253.57. Closing above 2,253.57, SRF share price will see a sharp breakout. Major resistance for SRF share price will be seen at 2,337.03 for the week.

Trading range for SRF share price for this week should be between 1,873.07 on down side and 2,443.82 on up side.

SRF Previous Week High: 2230.25

SRF Previous Week Low: 2040

SRF Previous Week Range: 190.25 Points

SRF share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 2,443.82
Resistance 2 2,337.03
Resistance 1 2,253.57
Support 1 2,063.32
Support 2 1,956.53
Support 3 1,873.07

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