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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (January 29, 2024 – February 02, 2024)

Ramco Cements
Ramco Cements
Ramco Cements closed the previous week on a negative note losing 4.55%.

Technically, Ramco Cements share price will see immediate support at 941.33 and immediate resistance would be seen at 985.68.

If Ramco Cements share price closes below immediate support of 941.33, then sharp breakdown can be seen. Ramco Cements share price will see major support at 913.82 for the week.

On the positive side, immediate resistance will be seen at 985.68. Closing above 985.68, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 1,002.52 for the week.

Trading range for Ramco Cements share price for this week should be between 896.98 on down side and 1,030.03 on up side.

Ramco Cements Previous Week High: 975

Ramco Cements Previous Week Low: 930.65

Ramco Cements Previous Week Range: 44.35 Points

Ramco Cements share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 1,030.03
Resistance 2 1,002.52
Resistance 1 985.68
Support 1 941.33
Support 2 913.82
Support 3 896.98
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{"buy_point":[{"en_ltd":"2023-12-27","en_sup_p_91":"1009.25","en_sup_t_91":"991.62","prev_close":"987.80","en_close":"1016.00","new_date":"Dec 27","prev_close_no":987}],"sell_point":[{"en_ltd":"2024-01-08","en_sup_p_91":"997.39","en_sup_t_91":"1040.40","prev_close":"1028.10","en_close":"996.90","new_date":"Jan 8","prev_close_no":1028},{"en_ltd":"2023-12-18","en_sup_p_91":"1025.27","en_sup_t_91":"1044.32","prev_close":"1035.05","en_close":"1012.65","new_date":"Dec 18","prev_close_no":1035}]}

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