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AMBUJACEMMARKET OUTLOOKSTOCK OUTLOOK

Ambuja Cements Outlook for the Week (February 19, 2024 – February 23, 2024)

Ambuja Cements
Ambuja Cements
Ambuja Cements closed the previous week on a negative note losing 6.46%.

Technically, Ambuja Cements share price will see immediate support at 561.52 and immediate resistance would be seen at 599.67.

If Ambuja Cements share price closes below immediate support of 561.52, then sharp breakdown can be seen. Ambuja Cements share price will see major support at 537.93 for the week.

On the positive side, immediate resistance will be seen at 599.67. Closing above 599.67, Ambuja Cements share price will see a sharp breakout. Major resistance for Ambuja Cements share price will be seen at 614.23 for the week.

Trading range for Ambuja Cements share price for this week should be between 523.37 on down side and 637.82 on up side.

Ambuja Cements Previous Week High: 590.65

Ambuja Cements Previous Week Low: 552.5

Ambuja Cements Previous Week Range: 38.15 Points

Ambuja Cements share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 637.82
Resistance 2 614.23
Resistance 1 599.67
Support 1 561.52
Support 2 537.93
Support 3 523.37
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