SHREECEM Outlook for the Week (December 23, 2024 – December 27, 2024)
Shree Cement closed the previous week on a negative note losing -1.59%.
Technically, Shree Cement share price will see immediate support at 26,544.03 and immediate resistance would be seen at 28,038.93.
If Shree Cement share price closes below immediate support of 26,544.03, then sharp breakdown can be seen. Shree Cement share price will see major support at 26,024.57 for the week.
On the positive side, immediate resistance will be seen at 28,038.93. Closing above 28,038.93, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 29,014.37 for the week.
Trading range for Shree Cement share price for this week should be between 25,049.13 on down side and 29,533.83 on up side.
Shree Cement Previous Week Open: 27502
Shree Cement Previous Week High: 28494.9
Shree Cement Previous Week Low: 27000
Shree Cement Previous Week Close: 27063.5
Shree Cement Previous Week Range: 1494.9 Points
Shree Cement share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 29,533.83 |
| Resistance 2 | 29,014.37 |
| Resistance 1 | 28,038.93 |
| Support 1 | 26,544.03 |
| Support 2 | 26,024.57 |
| Support 3 | 25,049.13 |
