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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (February 12, 2024 – February 16, 2024)

Ramco Cements
Ramco Cements
Ramco Cements closed the previous week on a negative note losing 11.27%.

Technically, Ramco Cements share price will see immediate support at 861.20 and immediate resistance would be seen at 974.65.

If Ramco Cements share price closes below immediate support of 861.20, then sharp breakdown can be seen. Ramco Cements share price will see major support at 820.65 for the week.

On the positive side, immediate resistance will be seen at 974.65. Closing above 974.65, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 1,047.55 for the week.

Trading range for Ramco Cements share price for this week should be between 747.75 on down side and 1,088.10 on up side.

Ramco Cements Previous Week High: 1007

Ramco Cements Previous Week Low: 893.55

Ramco Cements Previous Week Range: 113.45 Points

Ramco Cements share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 1,088.10
Resistance 2 1,047.55
Resistance 1 974.65
Support 1 861.20
Support 2 820.65
Support 3 747.75
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{"buy_point":[{"en_ltd":"2024-01-29","en_sup_p_91":"970.95","en_sup_t_91":"957.42","prev_close":"968.85","en_close":"985.55","new_date":"Jan 29","prev_close_no":968}],"sell_point":[{"en_ltd":"2024-02-08","en_sup_p_91":"977.26","en_sup_t_91":"1008.78","prev_close":"995.00","en_close":"974.35","new_date":"Feb 8","prev_close_no":995},{"en_ltd":"2024-01-08","en_sup_p_91":"997.39","en_sup_t_91":"1040.40","prev_close":"1028.10","en_close":"996.90","new_date":"Jan 8","prev_close_no":1028}]}

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