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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (August 07, 2023 – August 11, 2023)

India Cements closed the previous week on a negative note losing 6.30%.

Technically, India Cements share price will see immediate support at 215.48 and immediate resistance would be seen at 229.68.

If India Cements share price closes below immediate support of 215.48, then sharp breakdown can be seen. India Cements share price will see major support at 206.22 for the week.

On the positive side, immediate resistance will be seen at 229.68. Closing above 229.68, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 234.62 for the week.

Trading range for India Cements share price for this week should be between 201.28 on down side and 243.88 on up side.

India Cements Previous Week High: 225.35

India Cements Previous Week Low: 211.15

India Cements Previous Week Range: 14.2 Points

India Cements share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 243.88
Resistance 2 234.62
Resistance 1 229.68
Support 1 215.48
Support 2 206.22
Support 3 201.28

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