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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (February 12, 2024 – February 16, 2024)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 8.51%.

Technically, India Cements share price will see immediate support at 233.88 and immediate resistance would be seen at 255.13.

If India Cements share price closes below immediate support of 233.88, then sharp breakdown can be seen. India Cements share price will see major support at 220.57 for the week.

On the positive side, immediate resistance will be seen at 255.13. Closing above 255.13, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 263.07 for the week.

Trading range for India Cements share price for this week should be between 212.63 on down side and 276.38 on up side.

India Cements Previous Week High: 249.75

India Cements Previous Week Low: 228.5

India Cements Previous Week Range: 21.25 Points

India Cements share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 276.38
Resistance 2 263.07
Resistance 1 255.13
Support 1 233.88
Support 2 220.57
Support 3 212.63
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