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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (October 16, 2023 – October 20, 2023)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 6.32%.

Technically, India Cements share price will see immediate support at 217.63 and immediate resistance would be seen at 232.58.

If India Cements share price closes below immediate support of 217.63, then sharp breakdown can be seen. India Cements share price will see major support at 212.22 for the week.

On the positive side, immediate resistance will be seen at 232.58. Closing above 232.58, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 242.12 for the week.

Trading range for India Cements share price for this week should be between 202.68 on down side and 247.53 on up side.

India Cements Previous Week High: 236.7

India Cements Previous Week Low: 221.75

India Cements Previous Week Range: 14.95 Points

India Cements share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 247.53
Resistance 2 242.12
Resistance 1 232.58
Support 1 217.63
Support 2 212.22
Support 3 202.68
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{"buy_point":[],"sell_point":[{"en_ltd":"2023-09-08","en_sup_p_91":"250.36","en_sup_t_91":"260.04","prev_close":"251.10","en_close":"248.65","new_date":"Sep 8","prev_close_no":251}]}

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