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COROMANDELMARKET OUTLOOKSTOCK OUTLOOK

Coromandel Outlook for the Week (May 13, 2024 – May 17, 2024)

Coromandel
Coromandel
Coromandel closed the previous week on a negative note losing 4.84%.

Technically, Coromandel share price will see immediate support at 1,157.55 and immediate resistance would be seen at 1,217.00.

If Coromandel share price closes below immediate support of 1,157.55, then sharp breakdown can be seen. Coromandel share price will see major support at 1,134.05 for the week.

On the positive side, immediate resistance will be seen at 1,217.00. Closing above 1,217.00, Coromandel share price will see a sharp breakout. Major resistance for Coromandel share price will be seen at 1,252.95 for the week.

Trading range for Coromandel share price for this week should be between 1,098.10 on down side and 1,276.45 on up side.

Coromandel Previous Week High: 1229.45

Coromandel Previous Week Low: 1170

Coromandel Previous Week Range: 59.45 Points

Coromandel share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 1,276.45
Resistance 2 1,252.95
Resistance 1 1,217.00
Support 1 1,157.55
Support 2 1,134.05
Support 3 1,098.10
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