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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (August 21, 2023 – August 25, 2023)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 9.23%.

Technically, India Cements share price will see immediate support at 227.78 and immediate resistance would be seen at 251.48.

If India Cements share price closes below immediate support of 227.78, then sharp breakdown can be seen. India Cements share price will see major support at 218.62 for the week.

On the positive side, immediate resistance will be seen at 251.48. Closing above 251.48, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 266.02 for the week.

Trading range for India Cements share price for this week should be between 204.08 on down side and 275.18 on up side.

India Cements Previous Week High: 256.85

India Cements Previous Week Low: 233.15

India Cements Previous Week Range: 23.7 Points

India Cements share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 275.18
Resistance 2 266.02
Resistance 1 251.48
Support 1 227.78
Support 2 218.62
Support 3 204.08

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