INDIACEM Outlook for the Week (November 18, 2024 – November 22, 2024)
India Cements closed the previous week on a negative note losing -1.06%.
Technically, India Cements share price will see immediate support at 350.48 and immediate resistance would be seen at 360.88.
If India Cements share price closes below immediate support of 350.48, then sharp breakdown can be seen. India Cements share price will see major support at 345.67 for the week.
On the positive side, immediate resistance will be seen at 360.88. Closing above 360.88, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 366.47 for the week.
Trading range for India Cements share price for this week should be between 340.08 on down side and 371.28 on up side.
India Cements Previous Week Open: 359.1
India Cements Previous Week High: 361.65
India Cements Previous Week Low: 351.25
India Cements Previous Week Close: 355.3
India Cements Previous Week Range: 10.4 Points
India Cements share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 371.28 |
| Resistance 2 | 366.47 |
| Resistance 1 | 360.88 |
| Support 1 | 350.48 |
| Support 2 | 345.67 |
| Support 3 | 340.08 |
