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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (January 15, 2024 – January 19, 2024)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 5.07%.

Technically, India Cements share price will see immediate support at 251.87 and immediate resistance would be seen at 265.37.

If India Cements share price closes below immediate support of 251.87, then sharp breakdown can be seen. India Cements share price will see major support at 245.53 for the week.

On the positive side, immediate resistance will be seen at 265.37. Closing above 265.37, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 272.53 for the week.

Trading range for India Cements share price for this week should be between 238.37 on down side and 278.87 on up side.

India Cements Previous Week High: 266.2

India Cements Previous Week Low: 252.7

India Cements Previous Week Range: 13.5 Points

India Cements share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 278.87
Resistance 2 272.53
Resistance 1 265.37
Support 1 251.87
Support 2 245.53
Support 3 238.37
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