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Jk Cement closed the previous week on a negative note losing 6.77%.Technically, Jk Cement share price will see immediate support at 3,151.40 and immediate resistance would be seen at 3,382.40.
If Jk Cement share price closes below immediate support of 3,151.40, then sharp breakdown can be seen. Jk Cement share price will see major support at 3,050.70 for the week.
On the positive side, immediate resistance will be seen at 3,382.40. Closing above 3,382.40, Jk Cement share price will see a sharp breakout. Major resistance for Jk Cement share price will be seen at 3,512.70 for the week.
Trading range for Jk Cement share price for this week should be between 2,920.40 on down side and 3,613.40 on up side.
Jk Cement Previous Week High: 3412
Jk Cement Previous Week Low: 3181
Jk Cement Previous Week Range: 231 Points
Jk Cement share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 3,613.40 |
| Resistance 2 | 3,512.70 |
| Resistance 1 | 3,382.40 |
| Support 1 | 3,151.40 |
| Support 2 | 3,050.70 |
| Support 3 | 2,920.40 |
