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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

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

Ramco Cements
Ramco Cements
Ramco Cements closed the previous week on a negative note losing 3.62%.

Technically, Ramco Cements share price will see immediate support at 1,017.20 and immediate resistance would be seen at 1,055.55.

If Ramco Cements share price closes below immediate support of 1,017.20, then sharp breakdown can be seen. Ramco Cements share price will see major support at 999.35 for the week.

On the positive side, immediate resistance will be seen at 1,055.55. Closing above 1,055.55, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 1,076.05 for the week.

Trading range for Ramco Cements share price for this week should be between 978.85 on down side and 1,093.90 on up side.

Ramco Cements Previous Week High: 1058.2

Ramco Cements Previous Week Low: 1019.85

Ramco Cements Previous Week Range: 38.35 Points

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

Level Type Value
Resistance 3 1,093.90
Resistance 2 1,076.05
Resistance 1 1,055.55
Support 1 1,017.20
Support 2 999.35
Support 3 978.85
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{"buy_point":[{"en_ltd":"2023-11-29","en_sup_p_91":"988.80","en_sup_t_91":"964.22","prev_close":"971.55","en_close":"993.25","new_date":"Nov 29","prev_close_no":971},{"en_ltd":"2023-11-06","en_sup_p_91":"998.63","en_sup_t_91":"975.69","prev_close":"983.60","en_close":"1005.65","new_date":"Nov 6","prev_close_no":983}],"sell_point":[{"en_ltd":"2023-11-10","en_sup_p_91":"994.15","en_sup_t_91":"1024.72","prev_close":"1022.20","en_close":"986.20","new_date":"Nov 10","prev_close_no":1022}]}

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