Ambuja Cements Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Ambuja Cements closed the previous week on a negative note losing 9.02%
Technically, Ambuja Cements share price will see immediate support at 427.95 and immediate resistance would be seen at 469.15
If Ambuja Cements share price closes below immediate support of 427.95, then sharp breakdown can be seen. Ambuja Cements share price will see major support at 401.10 for the week.
On the positive side, immediate resistance will be seen at 469.15. Closing above 469.15, Ambuja Cements share price will see a sharp breakout. Major resistance for Ambuja Cements share price will be seen at 483.50 for the week.
Trading range for Ambuja Cements share price for this week should be between 386.75 on down side and 510.35 on up side.
Ambuja Cements Previous Week High: 456.65
Ambuja Cements Previous Week Low: 415.45
Ambuja Cements Previous Week Range: 41.2 Points
Ambuja Cements share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 510.35 |
Resistance 2 | 483.50 |
Resistance 1 | 469.15 |
Support 1 | 427.95 |
Support 2 | 401.10 |
Support 3 | 386.75 |