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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (December 18, 2023 – December 22, 2023)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 4.13%.

Technically, India Cements share price will see immediate support at 261.57 and immediate resistance would be seen at 272.92.

If India Cements share price closes below immediate support of 261.57, then sharp breakdown can be seen. India Cements share price will see major support at 256.93 for the week.

On the positive side, immediate resistance will be seen at 272.92. Closing above 272.92, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 279.63 for the week.

Trading range for India Cements share price for this week should be between 250.22 on down side and 284.27 on up side.

India Cements Previous Week High: 275

India Cements Previous Week Low: 263.65

India Cements Previous Week Range: 11.35 Points

India Cements share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 284.27
Resistance 2 279.63
Resistance 1 272.92
Support 1 261.57
Support 2 256.93
Support 3 250.22
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{"buy_point":[{"en_ltd":"2023-11-06","en_sup_p_91":"212.11","en_sup_t_91":"205.08","prev_close":"207.90","en_close":"215.05","new_date":"Nov 6","prev_close_no":207}],"sell_point":[]}

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