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Coromandel closed the previous week on a negative note losing 3.52%.
Technically, Coromandel share price will see immediate support at 1,133.83 and immediate resistance would be seen at 1,175.48.
If Coromandel share price closes below immediate support of 1,133.83, then sharp breakdown can be seen. Coromandel share price will see major support at 1,117.62 for the week.
On the positive side, immediate resistance will be seen at 1,175.48. Closing above 1,175.48, Coromandel share price will see a sharp breakout. Major resistance for Coromandel share price will be seen at 1,200.92 for the week.
Trading range for Coromandel share price for this week should be between 1,092.18 on down side and 1,217.13 on up side.
Coromandel Previous Week High: 1184.7
Coromandel Previous Week Low: 1143.05
Coromandel Previous Week Range: 41.65 Points
Coromandel share price support and resistance for the week (October 16, 2023 – October 20, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,217.13 |
| Resistance 2 | 1,200.92 |
| Resistance 1 | 1,175.48 |
| Support 1 | 1,133.83 |
| Support 2 | 1,117.62 |
| Support 3 | 1,092.18 |
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