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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

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

India Cements
India Cements
India Cements closed the previous week on a negative note losing 10.81%.

Technically, India Cements share price will see immediate support at 195.83 and immediate resistance would be seen at 220.13.

If India Cements share price closes below immediate support of 195.83, then sharp breakdown can be seen. India Cements share price will see major support at 185.97 for the week.

On the positive side, immediate resistance will be seen at 220.13. Closing above 220.13, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 234.57 for the week.

Trading range for India Cements share price for this week should be between 171.53 on down side and 244.43 on up side.

India Cements Previous Week High: 224.7

India Cements Previous Week Low: 200.4

India Cements Previous Week Range: 24.3 Points

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

Level Type Value
Resistance 3 244.43
Resistance 2 234.57
Resistance 1 220.13
Support 1 195.83
Support 2 185.97
Support 3 171.53
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{"buy_point":[],"sell_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"221.48","en_sup_t_91":"232.10","prev_close":"224.10","en_close":"219.65","new_date":"Apr 22","prev_close_no":224}]}

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